An Update Exploring the Performance of Public Companies in Canada
This publication was produced as part of the Reconciliation and Responsible Investment Initiative – a partnership between the National Aboriginal Trust Officers Association and the Shareholder Association for Research and Education (SHARE).
This report on business and reconciliation provides an update on corporate Canada’s progress in advancing reconciliation since the release of a benchmark report by SHARE in 2017. Informed by the Truth and Reconciliation Call to Action 92 directed at corporate Canada, the research reviews company disclosures and concludes the following:
• There has been a two-fold increase in the number of companies that overtly prioritize the employment of Indigenous people.
• There has been an increase in the number of companies that reference Indigenous people within board diversity policies and senior management diversity policies.
• Disclosure of qualitative information related to contracting and procurement opportunities for Indigenous businesses, Indigenous employment, and education and training programming for Indigenous peoples, outpaces the provision of quantitative information for these indicators among Canadian companies.
• Companies have increasingly partnered with Indigenous agencies or organizations to increase hiring.
• Few companies have disclosed formal commitments to upholding Indigenous rights.
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