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Industries were already moving quickly toward digital business models pre-pandemic and the knowledge and experience gaps in the boardroom were becoming more pronounced. Then the past year pulled the curtain back on several systemic failures – in health and eldercare, in business, in politics, and society’s tolerance around racism, social justice, the environment, the future of work and the expanding wealth gap on a global scale.
As a result of the pandemic, many companies were forced to adapt to digital trends to stay afloat, while others failed to meet new demands for digital customer experiences. Reaching and serving customers more effectively continues to pose challenges for companies across the globe. What can directors do to move the needle on digital transformation and ensure a more seamless customer experience?
Investor pressure has mounted for Exxon to cut costs, improve financial returns and better prepare for the energy transition to lower-carbon fuels.
Toronto-Dominion Bank paid chief executive officer Bharat Masrani about $2-million less in 2020 than the year before as the impact of the global pandemic weighed on the bank’s financial results.
Canada’s economy surged into 2021 with more momentum than most expected, as companies restocked in anticipation of future demand and those Canadians left relatively unscathed by the COVID-19 crisis continued to plow money into real estate.
Germany is set to force companies to screen suppliers for environmental violations and human rights abuses, such as illegal mining and child labor, in a move that some corporations says will be hard to enforce and could make them less competitive internationally.
Activist investors that control a combined 9.5% stake in Kohl’s unveiled a campaign to take control of the department-store chain’s board last month. Three of the four activist investors involved in this push—Macellum Advisors, Ancora Holdings and Legion Partners—are the same ones that successfully pushed for change at Bed Bath & Beyond in 2019. This time, the plan is a tougher sell.
Improving economics and government policies are creating opportunities for carbon capture and storage, Exxon Mobil Chief Executive Darren Woods said at an energy conference on Tuesday.
This year, as in the previous five years, Russell Reynolds Associates interviewed over 40 global institutional and activist investors, pension fund managers, proxy advisors and other corporate governance professionals to identify the corporate governance trends that will impact boards and directors in 2021.
Canada’s Best Diversity Employers 2021, selected by Mediacorp Canada Inc., recognize that real change begins with real action. That means taking proactive steps to address the systemic and unconscious inequities of race and gender that exist in Canadian organizations.
Long-time Toronto-Dominion Bank executive Manjit Singh is joining Sun Life Financial Inc. as the insurer’s chief financial officer as Kevin Strain prepares to take over as chief executive officer later this year.
Statistics Canada says real gross domestic product shrank 5.4 per cent in 2020, the steepest annual decline since comparable data was first recorded in 1961.
The recent surge of small investors into some companies’ stocks is pushing investor relations departments to seek ways of engaging with their new shareholders.
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Deliveroo is targeting a price tag of as much as $10 billion (€8.3 billion) in its initial public offering, according to people briefed on discussions at the food delivery group, giving London its most valuable new listing for several years
The time has come for “activist stewardship.” Simply put, this means putting the skills and techniques of activist hedge funds to work where a company’s financial performance is deteriorating and traditional engagement tools have failed to produce meaningful results to protect value and mitigate long-term risks, including recognizing the importance of environmental, social, and governance (ESG) risks
As for the country that normally sends the most travellers to Canada – the U.S. – it is far ahead in the race to vaccinate. As of Tuesday, the United States had given 23 shots for every 100 people. Canada’s vaccination rate is just 5.2 per 100.
Business Council of Canada CEO Goldy Hyder on his pre-budget letter to the federal government
But Pattison's investment in one of North America's largest coal terminals suggests he's not ready to completely purge his portfolio of carbon-intensive assets
Costco is one of the biggest and most successful retailers in the country. In this video, WSJ’s Sarah Nassauer dissects the wholesaler’s unique approach to doing business.
Rio Tinto Chairman Simon Thompson is stepping down over the company's destruction of a 46,000-year-old, sacred Indigenous site in Australia, becoming the latest in a string of departures connected to the event.
The UK will ease its listing rules to encourage firms to choose the UK over rivals in the US and Europe as the Government tries to carve out a role for the City of London after Brexit.
Air Canada is simplifying its regional operations amid COVID pressures by reaching a deal to make Chorus Aviation Ltd.’s Jazz Aviation subsidiary the exclusive operator of Air Canada Express flights.
Three seasoned board directors discuss the role boards are playing in guiding their companies toward recovery from the COVID-19 crisis.
Volvo Cars said it would convert its entire lineup to battery power by 2030, phasing out internal combustion engine vehicles faster than other automakers like General Motors.
France’s Danone SA said on Monday its board has voted to separate the chairman and chief executive roles held by Emmanuel Faber, and launch the search for a new CEO following calls from several shareholders to shake up governance.
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