Committed to Excellence

A Long-Standing Commitment to Good Governance

For the benefit of all stakeholders, we proactively pursue excellence in corporate governance. This means that when we identify practices that add value for the company and our stakeholders, we often go beyond common standards and legal requirements. Some of our long-standing best practices include:

  • Say on Pay vote on executive compensation held annually since 2010, with highly supportive shareholder approvals since inception
  • Majority voting policy to elect Board members (since 2006)
  • Voluntary compliance with the more rigorous Board independence provisions of the New York Stock Exchange governance standards
  • Commitment to conducting periodic external Board evaluations
  • Early adoption of integrated reporting, extending discussion beyond financial performance to include a more holistic discussion of value creation
50
Corporate reporting awards
received from CPA Canada over the past 24 years
4
Consecutive years
recognized as one of the best annual reports in the world by reportwatch.com
9 times
Over the past 10 years
recognized as one of the top 10 Canadian companies by The Globe and Mail's annual Board Games rankings
87
Governance score
vs best-in-class peers score of 82 on the Dow Jones Sustainability World Index
(score out of 100)

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