SNC Lavalin Group Inc | Directors' skills in environmental and climate change matters at SNC Lavalin Group Inc

Status
AGM passed
AGM date
Previous AGM date
Proposal number
3
Resolution details
Company ticker
SNC
Lead filer
Mouvement d'éducation et de défense des actionnaires (MÉDAC)
Resolution ask
Strengthen board oversight of issue
ESG theme
  • Environment
  • Governance
ESG sub-theme
  • Climate change
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Health Care
Company HQ country
Canada
Resolved clause
It is proposed that AtkinsRéalis enhance the list of skills for its directors to specifically consider environmental and climate change experience and expertise.
Supporting statement
Let us recall that the Canada Business Corporations Act was amended in 2019 to include a non-exhaustive list of factors that companies can consider when determining what is in the best interests of the corporation: the interests of shareholders, employees, retirees and pensioners, creditors, consumers and governments, the environment, and the long-term interests of the
corporation. We should also mention the latest edition (2023) of the Globe and Mail's Board Games(1), which introduced two
new criteria for evaluating board performance: the inclusion of climate expertise in the skills matrices of evaluated companies and the training provided to directors in this area. Unfortunately, in the list of identified skills for each of the current directors, expertise in environment and climate change is not indicated. However, expertise in climate change and the environment requires specific
knowledge that deserves special attention. It is crucial that the decisions made by your directors benefit from
the insights provided by such knowledge and skills. We therefore believe it is appropriate that this dimension of expertise and knowledge be taken into account in the recruitment of new directors and in the training of current board members

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