CIRI Announces Yvette Lokker, President & CEO will Step Down in August 2023

Yvette Lokker, the President & CEO of CIRI, has advised the Board of CIRI that she plans to step down to pursue other opportunities.

Yvette has been with CIRI for 15 years, having led the organization for the last 10 years. During this time, she launched the Investor Relations Certification Program (CPIR), developed research that establishes best and evolving practices, increased collaboration across the Chapters and strengthened advocacy efforts and relationships with regulators, while enhancing the operational efficiency and financial stability of the organization.

“Yvette is a consummate professional who has left an impressive legacy on the Canadian investor relations profession and, after a highly successful career at CIRI, we wish Yvette all the best in her future endeavours,” said Adam Borgatti, Board Chair. “A formal search process for Yvette’s successor is underway and we will work together to ensure a smooth transition in leadership.”

“It has been a tremendous privilege to support the IR profession and I have been fortunate to have the support of many incredible, dedicated IROs and service providers,” said Yvette. “I remain passionate about investor relations and the value it brings to organizations and wish CIRI continued success.”

Yvette will remain CEO & President until mid-July when she will transition to part-time and Co-CEO with Nathalie Megann, Past CIRI Chair and former Vice President, Investor Relations & Corporate Affairs, Chorus Aviation Inc. until mid-August. Together, they will ensure members continue to receive the exceptional service and member benefits they are accustomed to. Nathalie will remain in her role if necessary following Yvette’s departure until CIRI’s new CEO is in place.

Top Stories

Connected Climate Reporting – Driving Better Connectivity Between the Front and Back of an Annual Report

Investors expect a company’s financial statements, management discussion and analysis (MD&A) and sustainability-related disclosures to provide a coherent, connected and integrated picture. They are asking whether accounting standards produce financial statements that fairly reflect climate - and other sustainability-related risks and opportunities discussed in the front part of the annual report.

| View Original |

SEC Adopts New Rules for Share Buyback Disclosures

On May 3, 2023, the U.S. Securities and Exchange Commission (SEC) adopted new rules governing the disclosure requirements regarding repurchases of an issuer’s equity securities, commonly referred to as share "buyback" or repurchase programs.

| View Original |

More than a Third of Public Companies Now Reporting Scope 3 Emissions: MSCI

The proportion of public companies providing disclosures on Scope 3 emissions – indirect emissions from across the value chain, typically accounting for the vast majority of most companies’ climate footprint – has increased to more than a third, according to a new study by investment data and research provider MSCI, which also found a significant increase in corporate decarbonization commitments.

| View Original |

CSA Announces Exemptions from Filing Requirements During Switch to System of Electronic Data Analysis and Retrieval+ (SEDAR+)

Members of the Canadian Securities Administrators (CSA) are announcing exemptions from certain filing requirements to address the brief period when the System of Electronic Document Analysis and Retrieval (SEDAR) will be switched to a new centralized system, SEDAR+.

| View Original |

CSA Announce Rules to Support the Adoption of SEDAR+

The new centralized national filing system, to be known as the "System for Electronic Data Analysis and Retrieval +” (SEDAR+), is set to launch on June 13, 2023, with potential accommodations to be made for certain foreign filers.

| View Original |

ESG Inclusive of 'I'

For good and important reasons, Canadians are rethinking some of the most fundamental aspects of business and the economy. Environmental concerns have moved front and centre. Every alert and competitive company now pays close attention to the diversity of their workforce and the inclusiveness of recruitment and retention activities. Good governance attracts sustained commitment from larger corporations. Social responsibility is integral to business plans, not a small adjunct to the main enterprise.

| View Original |

CSA Proposes to Expand Diversity Disclosure

The Canadian Securities Administrators (CSA) are currently seeking public comment on proposed amendments and changes to the disclosure requirements for reporting issuers not listed on the TSX Venture Exchange or the Canadian Securities Exchange. The Proposed Amendments relate to disclosure regarding board and executive officer diversity, board renewal and director nomination processes.

| View Original |

Climate Engagement Canada Launches Benchmark to Drive the Net Zero Transition Among Top Canadian Corporate Emitters

Climate Engagement Canada will be benchmarking Focus List Companies’ commitments and performance against its engagement framework, as well as those of industry peers.

| View Original |

How to Price an Offering on the TSX

Amendments to the TSX Company Manual - now in effect - bring welcome clarity and greater predictability to the factors considered by the Toronto Stock Exchange (the TSX) when determining whether a prospectus offering is truly a bona fide public offering.

| View Original |