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OPTrust Supports Proxy Access

posting date Posted: October 7, 2015

 

As a long-term investor, OPTrust believes that good governance practices support stronger long-term performance and enhance shareholder value. We work with leading organizations, such as the Canadian Coalition for Good Governance (CCGG),  that seek to promote sound corporate governance, shareholder rights and responsible investing in Canada and around the world.

Proxy access is a mechanism that allows shareholders to nominate one or more candidates for a position on a company’s board of directors, using the company’s own proxy materials.  It provides a meaningful way for shareholders to take part in the process for nominating the individuals they will eventually elect to look after the long-term interests of the companies in which they invest.

Read our full Statement on Proxy Access.