The Toronto-Dominion Bank | Disclosure of Employee Language Skills at The Toronto-Dominion Bank

Status
Filed
AGM date
Previous AGM date
Proposal number
4
Resolution details
Resolution ask
Report on or disclose
ESG theme
  • Governance
ESG sub-theme
  • Diversity, equity & inclusion (DEI)
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Financials
Company HQ country
Canada
Resolved clause
It is proposed that the languages skills of employees be disclosed, breaking down the information by jurisdiction, for all territories (countries, states, provinces) in which the bank operates.
Supporting statement
When a candidate is hired, their skills are assessed to determine whether they meet the requirements of the job for which they are applying. Among these, of course, are language skills. Information on this subject is known by all companies. This information, in its statistical form, is of interest to everyone.
In recent years, a number of public controversies over language have tarnished the reputation of major companies with respect to their social responsibility and their interpretation of their duties and obligations regarding diversity, inherent in our societies. Language is at the heart of our democratic institutions and is a fundamental attribute of the community. Such situations, harmful in every respect, must be avoided. To this end — and for several other reasons — it is appropriate for all interested parties (stakeholders) to know,
through formal and official disclosure, the languages skills of the bank’s employees. Obviously, by language “skills”, we mean a level of language sufficient to enable its widespread use, both orally and in writing, in all spheres of activity of individuals and corporate bodies, i.e. a level of language sufficient to enable everyone to assume their duties and functions fully and completely.

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