Responsible Investing and Shareholder Engagement
As a self-funded foundation we manage our endowment under strict investment policies. Over the years we have refined and updated our guidelines to reflect our values and our charitable purposes. In 2021 we formalized the inclusion of UNDRIP {https://www.un.org/development/desa/indigenouspeoples/wp-content/uploads/sites/19/2018/11/UNDRIP_E_web.pdf} and reconciliation into our investment policies.
Glasswaters also works with SHARE and the Columbia Institute to actively promote corporate and shareholder responsibility. We participate in shareholder engagement activities and we support SHARE’s larger research and investor education projects.
National Enquiry into Missing and Murdered Indigenous Women calls to justice on extractive and development industries.
In 2023 we provided a two-year grant to support work on the Calls for Justice from the final report of the National Inquiry into Missing and Murdered Indigenous Women and Girls. Of the 231 Calls for Justice by all Canadians, governments, industries, and institutions, section 13 in the report calls on the extractive and development industries to ensure the safety of Indigenous women, girls, and 2SLGBTQQIA+ peoples. SHARE plans on developing a strategy and approach to include that call to justice in their engagement work.
Reconciliation and Responsible Investment
Four years of funding went to support working with aboriginal trusts and institutional investors to build a sustainable model and example of investment in reconciliation.
Corporate Political Spending
A three-year project to encourage dialogue among capital market participants about how Canadian corporations’ influence on public policy debates and decision-making affects the interests of long-horizon investors.
Conflict Minerals and Responsible Supply Chain Management
Engaging companies in telecommunications, electronics, auto parts and aerospace industries to adopt ethically responsible tracking and reporting on minerals used in manufacturing.