Businesses can encounter a range of challenges and complexity when starting or progressing through a net zero program. This interview, moderated by The Globe's Rita Trichur, will outline barriers and success strategies to build alignment internally and externally. SPEAKERS: Apoorv Sinha, Founder and CEO, Carbon Upcycling Technologies JP Gladu BScF MBA ICD.D, Principal, Mokwateh To register for this free event, visit: https://tgam.ca/3WcN8uh @Road2NetZero
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Updates
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What’s the solution to rising office vacancy rates in Canada’s largest cities? In the latest edition of The Globe and Mail's Business Cycle newsletter, we’re talking about Canada’s office vacancy crisis, the Canadian cities with the most real millionaires and why TD’s next boss will have the best job in banking. Give it a read below and check out the business pieces from Tony Keller, Konrad Yakabuski and Andrew Willis.
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The Globe and Mail reposted this
Reporter at The Globe and Mail covering corporate law. SecretCanada.com project, an investigation of the country's broken freedom of information regime, and completed FOI database.
You know Gildan. You probably have some of their T-shirts in your closet. And perhaps you’ve seen recent headlines about a massive boardroom battle over the leadership of the Montreal company. Founder CEO Glenn Chamandy was abruptly ousted in December. Immediately, a group of investors launched an activist campaign to get him back in the job. It’s been very messy, but everything will be resolved one way or another at the May 28 AGM. But amidst the drama, there’s a story that people aren’t talking about — the story of how it’s possible to make T-shirts and sell them wholesale for $1 a piece. The company built an empire on a foundation of cheap labour in developing countries. Consumers were promised that workers were treated well and compensated fairly. But labour advocates say there is growing evidence that this is no longer the case. Last year, Honduras’ Supreme Court of Justice determined that Gildan had violated the country’s labour laws. It ordered the company to rehire five workers who had been unlawfully terminated years earlier. This was the first in a series of events – events that culminated in a massacre that left union leaders from one of Gildan’s factories dead – that advocates say should be a wake-up call. In the piece, we talk to one of the five workers, Rosa Dalila López Corea. For 12 years, she sat curled over a sewing machine in Gildan’s San Miguel factory in Honduras, four days a week, 11 and a half hours a day, finishing the bottom hems of shirts. To hit her daily quota target, Ms. López Corea says she worked through breaks and drank as little as possible to avoid going to the bathroom. A point of pride for Gildan is that it provides free lunch for its factory staff, but Ms. López Corea said only those who hit quotas receive a lunch ticket. (Another worker confirmed this.) As of last year, Ms. López Corea took home around 2,600 lempiras per week – about $143 – when she hit her goals, a 2023 pay stub viewed by The Globe showed. Employees who missed targets were paid less and endured harsh rebukes from managers, she said. *** Labour advocates point to the recent events in Honduras as evidence that Gildan is once again losing its way. Emma Pullman, the head of shareholder engagement & ESG at BC General Employees’ Union, a Gildan investor, said the company’s actions abroad aren’t just a concern for human rights watchdogs. They also raise serious financial and reputational risks for Gildan. “More and more, consumers and investors alike are holding companies accountable for their actions globally,” Ms. Pullman said. “On paper, Gildan has exemplary labour-related disclosures that would make any investor proud. So how is it that the reality conveyed by workers tells such a different story? As a responsible investor, it’s our duty to probe the company and try to understand this concerning discrepancy.”
Ex-CEO Glenn Chamandy finds his record scrutinized as Gildan’s shareholders mull leadership change
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Introducing the leaders of the newest class of Canada’s Best Managed Companies sharing the leadership lessons that have helped them succeed. #BestManaged
You must be new here: Meet the latest crop of Best Managed Companies
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Before deciding to go back to school, experts recommend taking some time to consider why you want to go back
Thinking of going back to school? Make a financial plan first, experts say
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Sometimes we may need to be pushed and prodded, so we can learn what we’re capable of
Drill sergeants beat cheerleaders and coaches for helping us advance our careers
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Downtown Toronto’s largest office towers are plagued by a growing problem: too many empty floors. Five million square feet of available space across 47 office towers, to be exact. Jason Kirby, Rachelle Younglai and James Bradshaw are hosting a Q&A tomorrow at 11 a.m. ET, answering questions on their recent feature in The Globe and Mail on Toronto’s rising office vacancies. What do you want to know about these empty spaces and the landlords/companies who own them? Let us know!
Q&A: Ask us your questions about downtown Toronto’s rising office vacancies
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The Globe and Mail reposted this
A couple of weeks ago we took you inside Toronto's largest office towers to see where there are floors sitting empty, and how tenants now have the power when negotiating with landlords. Now we're taking your questions: What do you want to know? Jason Kirby, Rachelle Younglai and I are hosting a Q&A tomorrow, May 16 at 11am ET. Send us your questions! https://lnkd.in/dr43Bubh #realestate #officerealestate #vacancyrates #pensions
Q&A: Ask us your questions about downtown Toronto’s rising office vacancies
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Also, why you may not want to job-hop, moving countries to create opportunity and what leaders can learn from Alanis Morissette
Should tell my employer that I have ADHD?
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How Pizza Pizza came to think outside the box to use data analytics to uncover hidden patterns of inequality and unexplored opportunities to strengthen diversity and inclusion
The blind spots in diversity and inclusion
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