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News

In the Globe and Mail: "Companies Diverge on Diversity Disclosures, With No Fix in Sight"

As institutional investors increasingly seek greater transparency and robust commitments to diversity at both the board and executive levels, Canadian companies may fall behind in attracting global capital.

“Oftentimes, I will get questions from senior executives or directors with respect to ‘How do I report this? Which categories do I use?' and my answer is ‘Well, that depends,' " Kelly Gorman, EVP of Governance Advisory at Kingsdale Advisors, shared at a roundtable hosted by the Ontario Securities Commission and was quoted in The Globe and Mail. "For securities regulators, it's time to step in and create a definition that at least is the floor and is comparable disclosure for all investors. Institutional investors today are using this information to make decisions that will have significant consequences to individual directors and have the ability to change the whole composition of governance for that company."

Read more about it here.

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Latest Insights

Publication

2024 Canada Proxy Season Review - Boards Under Fire

The 2024 proxy season posed significant challenges for Canadian boards, shareholder activism has surged to unprecedented heights, and shareholder proposals advocated for in-person meetings.

2024
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Publication

ISS Seeks Feedback on Proposed 2025 Policy Changes (Canadian Market)

ISS has published its one proposed change to its 2025 Canadian Benchmark policies, along with three proposed clarifications. Kingsdale recommends Canadian companies reviewing the changes and considering the submission of comments where applicable. The comment peiod ends 5:00 p.m. ET on December 2, 2024.

2024
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Publication

ISS and Glass Lewis Seek Feedback for Future Corporate Governance Policies

ISS and Glass Lewis have launched their annual surveys to seek feedback from market participants on corporate governance issues and trends. Kingsdale Advisors encourages companies and their directors to complete this year’s surveys.

2024
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When The Stakes Are Highest, Business Leaders Choose Kingsdale