Greater engagement with indigenous communities needed: SHARE


investmentexecutive.com | July 27, 2017 10:55

By James Langton

Corporate Canada does a relatively poor job of providing disclosure on its engagement with indigenous communities and its handling of indigenous issues, according to a new study from the Shareholder Association for Research and Education (SHARE).

The Vancouver-based shareholder advocacy organization issued a report on Thursday detailing the results of its review of the disclosure of 173 companies listed on the Toronto Stock Exchange, focusing on indigenous issues. Overall, the research found that this disclosure “is often incomplete, inconsistent or lacking altogether.”

The report finds that just 1% of these companies have indigenous board members; only 3% are committed to seeking the informed consent of indigenous communities on initiatives that may affect them; and just 5% provide disclosure on indigenous employment in senior roles.

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