National Bank of Canada | Disclosure of langauges in which employees are proficient at National Bank of Canada

Status
0.83% votes in favour
AGM date
Previous AGM date
Proposal number
5
Resolution details
Company ticker
NA:CN
Resolution ask
Report on or disclose
ESG theme
  • Social
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 language proficiency of employees be disclosed, broken down by
jurisdiction, for all jurisdictions (countries, states, provinces) where the Bank operates."
Supporting statement
"At the time of hire, a candidate’s skills are assessed to determine whether they meet the requirements
of the job for which they are applying. These include language skills. All companies are aware of this
information. This information, in its statistical form, is of interest to everyone.
In recent years, many public controversies over language have tarnished the reputation of large public
corporations with regards to their social responsibility and their interpretation of their duties and
obligations with respect to diversity, which is intrinsic in our corporations. Entrenched in our democratic
institutions, language is a fundamental characteristic of society. These situations, which are harmful
from every standpoint, must be prevented from recurring. For this reason—and many others as well—it
is appropriate for all interested parties (stakeholders), to know, through formal and official disclosure,
the languages in which Bank employees are proficient.
Of course, language “proficiency” means understanding a language well enough for individuals and
legal entities to use it generally, both orally and in writing, in all spheres of activity, i.e., an adequate
level of knowledge for everyone to be able to perform their tasks and duties fully and completely.”"

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