Engagement Methods

We engage with our stakeholders to identify and address issues of mutual interest. By engaging with a broad range of stakeholders through open dialogue, both formally and informally, we gain a better understanding of key topics and make better decisions on important matters, including environmental, social and governance (ESG) matters.

GROUP COMPANIES

Frequency and Approach
Engagement Focus

Regular meetings through a CSR Committee with representation from Power Financial, Power Corporation, Great-West Lifeco and IGM Financial as well as regular informal CSR meetings with other group companies on an as needed basis.

Engagement with group companies enables us to collaboratively and proactively identify potential CSR issues that may have an impact on the business, understand group interests, share best practices and communicate performance. In 2016, key topics of interest related to climate change, stakeholder engagement, Sustainable Development Goals (SDGs), CSR reporting and data and community impact.

SHAREHOLDERS

Frequency and Approach
Engagement Focus

Ongoing engagement on a broad range of interests.

Shareholder interests are mainly addressed at Power Financial’s annual meeting, where shareholder proposals are voted on and results made publicly available.

From time to time, shareholders may raise specific topics, typically through letters addressed to our senior management team.

EMPLOYEES

Frequency and Approach
Engagement Focus

Ongoing engagement through various feedback mechanisms, training programs, and performance reviews.

Our performance and career management program provides a forum that encourages ongoing conversations between employees and their supervisors on a host of topics including career development and training.

SUPPLIERS

Frequency and Approach
Engagement Focus

Ongoing engagement with suppliers and contractors to influence the provision of products and services for our business.

We continue to encourage the use of sustainable materials by our suppliers and contractors, including computer equipment, certified sustainable paper, non-toxic cleaning products, sustainable building materials, and pesticide-free ingredients, as well as locally sourced products.

Engagement with suppliers, consultants and business partners on the importance of ESG factors. 

As part of the deployment of our Third Party Code of Conduct, we engage with our third parties on the importance of ESG factors, expressing our expectations that they conduct their activities in accordance with the highest legal, ethical, and professional standards, and requiring them to attest compliance with the Code.

SOCIAL DEVELOPMENT ORGANIZATIONS

Frequency and Approach
Engagement Focus

Ongoing dialogue on issues that have an impact on society.

We engage with these organizations on a broad range of topics, including poverty, empowerment of women, environmental stewardship, health, education, social entrepreneurship, and arts and culture. For more information, please refer to our parent company Power Corporation's Community Investment microsite.

RESPONSIBLE INVESTMENT AND CSR RATING ORGANIZATIONS

Frequency and Approach
Engagement Focus

Ongoing dialogue with a globally diverse range of investment organizations and CSR rating organizations.

These organizations have expressed interest in climate disclosure, human rights, environmental policies and CSR reporting. To learn more on how these issues have been addressed, please refer to the section on Addressing CSR Interests.

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