{"id":54452,"date":"2021-06-07T10:25:00","date_gmt":"2021-06-07T14:25:00","guid":{"rendered":"https:\/\/www.riacanada.ca\/?page_id=54452"},"modified":"2021-06-09T10:36:43","modified_gmt":"2021-06-09T14:36:43","slug":"stewardship-winner-2021","status":"publish","type":"page","link":"https:\/\/www.riacanada.ca\/wordpress\/stewardship-winner-2021\/","title":{"rendered":"Stewardship Winner (2021)"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-54426 aligncenter\" src=\"https:\/\/www.riacanada.ca\/wordpress\/content\/uploads\/2021\/06\/BMO-GAM-Square-copy.png\" alt=\"\" width=\"237\" height=\"156\" \/><\/p>\n<p style=\"text-align: center;\"><strong>BMO Global Asset Management<\/strong><\/p>\n<p style=\"text-align: center;\"><strong><i>Project:<\/i> Diversity and inclusion (D&amp;I) engagement in Canada: moving beyond gender<\/strong><\/p>\n<p style=\"text-align: left;\">Moving the needle: As D&amp;I efforts accelerated globally in 2020, we led the charge by supporting best practices from the new Canadian Business Corporations Act (CBCA) mandate, and actively engaging with listed issuers in Canada for broader disclosure of diversity data.<\/p>\n<p style=\"text-align: left;\">Proactive four-pronged approach: to expand D&amp;I beyond gender alone, and advance the Canadian market by engaging with:<\/p>\n<ol style=\"text-align: left;\">\n<li>94 Canadian companies on diversity progress; 102 impactful engagement activities. This included requests for certain companies to disclose workforce diversity and equity data through the Workforce Disclosure Initiative (WDI).<\/li>\n<li>Policy makers such as the Ontario Capital Markets Modernization Taskforce to address wider context<\/li>\n<li>Peers through collaboration (e.g., co-drafted the Canadian Investor Statement on D&amp;I; U.S. Racial Justice Investing coalition; WDI<\/li>\n<li>Service providers on how to report robust ethnic and racial data<\/li>\n<\/ol>\n<p style=\"text-align: left;\">D&amp;I thought leadership: communicated to stakeholders through meetings, thought leadership publications, and webinars- supported by proprietary specialist research and BMO Responsible Investing (RI) team<\/p>\n<p style=\"text-align: left;\">Overall objective (2020-2022): to create tangible progress in diversity beyond gender on boards and in senior leadership of investee companies, to confidently create voting guidelines on diversity beyond gender for the Canadian market, developing a comprehensive D&amp;I engagement strategy to reflect expanding school of thought.<\/p>\n<p style=\"text-align: left;\"><strong><i>Finalist<\/i>: British Columbia Investment Management Corporation (BCI)<\/strong><br \/>\n<strong><i>Project<\/i>: BCI&#8217;s Leading Stewardship in Board Governance and Climate-related Disclosure Practices<\/strong><\/p>\n<p style=\"text-align: left;\">The winner and finalist scorecards can be found <a href=\"https:\/\/www.riacanada.ca\/wordpress\/content\/uploads\/2021\/06\/2021-Individual-Scorecards_Stewardship_PUBLIC.pdf\">here<\/a>.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.riacanada.ca\/wordpress\/news\/2021-ria-leadership-award-winners-finalists\/\">Learn more about the 2021 RIA Leadership Awards.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BMO Global Asset Management Project: Diversity and inclusion (D&amp;I) engagement in Canada: moving beyond gender Moving the needle: As D&amp;I efforts accelerated globally in 2020, we led the charge by supporting best practices from the new Canadian Business Corporations Act (CBCA) mandate, and actively engaging with listed issuers in Canada for broader disclosure of diversity [&hellip;]<\/p>\n","protected":false},"author":7472,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - 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