Read about PIAC’s accomplishments during 2023 in PIAC’s Annual Report, which has now been posted to the website. It includes messages from the Chair and Executive Director, committee reports, professional development initiatives and events, advocacy submissions to government, awards, the composition of the Board of Directors and the audited financial statements.
PIAC believes good corporate governance is the effective oversight, direction, and control of a corporation. These best practices, which were updated for 2024, are intended to assist members in influencing and improving corporate governance of the public companies they invest in to enhance long‐term shareholder value and increase confidence in capital markets. Members can demonstrate active stewardship by voting their shares through the proxy voting process, participating in organizations advocating for effective corporate governance and engaging in collaborative and direct dialogues with companies and investment managers. These practices include environmental and social considerations. PIAC has been a leader in promoting good corporate governance. The first set of these Principles & Guidelines was released in 1993 and pre-dates organizations such as CGCC and UNPRI. PIAC's Investor Stewardship Committee meets regularly to ensure members are kept informed on emerging developments in this area and advocates on issues such as shareholder rights, disclosure, executive compensation, diversity on boards and ESG factors.