{"id":4033,"date":"2020-03-19T17:57:58","date_gmt":"2020-03-19T17:57:58","guid":{"rendered":"https:\/\/share.ca\/decent-work-covid-19\/"},"modified":"2022-02-18T23:40:03","modified_gmt":"2022-02-18T23:40:03","slug":"decent-work-covid-19","status":"publish","type":"post","link":"https:\/\/share.ca\/blog\/decent-work-covid-19\/","title":{"rendered":"How are Canadian companies stacking up on Decent Work in response to COVID-19?"},"content":{"rendered":"<p><em>By Anthony Schein, Director of Shareholder Advocacy<\/em><\/p>\n<p>Over the past week, we\u2019ve all been struggling to keep up with the break-neck speed of change as governments and global institutions respond to the COVID-19 pandemic. Here at SHARE we have been thinking about how our work to build a sustainable economy fits into and is impacted by the unfolding crisis.<\/p>\n<p>Like you, we will be closely watching our collective capacity to respond to a crisis, the cracks in our infrastructure exposed by COVID-19, as well as the places where we can see the resilience of local, national, and international institutions. Over the past few days, my inbox has filled with emails from companies \u2013including that one caf\u00e9 I used the Wi-Fi at ten years ago, the pizza place I sometimes order from, and my bank, most of them telling me about how they value their employees and are increasing their cleaning regimens. A few companies\u2019 COVID-19 responses have stood out as positive examples.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I am so glad you asked. We met as a group Monday morning + the executive team was talking about policies. I told them: we must do whatever we can not to take even a half a glass of milk from anyone\u2019s table: our employees, our franchisees, our suppliers. <a href=\"https:\/\/twitter.com\/hashtag\/canada?src=hash&amp;ref_src=twsrc%5Etfw\">#canada<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/coronovirus?src=hash&amp;ref_src=twsrc%5Etfw\">#coronovirus<\/a> (1) <a href=\"https:\/\/t.co\/Q8Fmxyjw8Z\">https:\/\/t.co\/Q8Fmxyjw8Z<\/a><\/p>\n<p>\u2014 Mohamad Fakih (@mohamadfakih8) <a href=\"https:\/\/twitter.com\/mohamadfakih8\/status\/1238582564283133952?ref_src=twsrc%5Etfw\">March 13, 2020<\/a><\/p><\/blockquote>\n<p><script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Toronto-based Paramount Foods, where CEO Mohamed Fakih has developed a strong reputation as a corporate and community leader, was quick to offer assistance of emergency food supply to food-insecure communities, as well as to assure all staff and suppliers of the approach the company would take. In a statement on Twitter, Fakih wrote \u201cwe must do whatever we can not to take even a half a glass of milk from anyone\u2019s table: our employees, our franchisees, our suppliers.\u201d<\/p>\n<p>In a message to <a href=\"https:\/\/share.ca\/?s=loblaws\">Loblaw Companies Limited<\/a> customers, including banking, grocery, and pharmacy customers, President Galen Weston struck a somewhat different tone, emphasizing that the company\u2019s supply chain is secure, and giving assurance that the company would not engage in predatory price-gouging. Weston\u2019s message makes a brief, passing mention of the importance of the \u201cteam\u201d (i.e. workers), in guaranteeing that stable supply chain.<\/p>\n<p>The stand-out company in its response to the COVID-19 crisis has been notable for all the wrong reasons \u2013 Tim Hortons, owned by Toronto-based <a href=\"https:\/\/share.ca\/?s=Restaurant+Brands+International\">Restaurant Brands International<\/a>. On March 13, Press Progress <a href=\"https:\/\/pressprogress.ca\/tim-hortons-workers-need-doctors-notes-to-take-unpaid-sick-leave-during-coronavirus-pandemic\/\">published a story<\/a>, quoting multiple current and former Tim Hortons employees, managers, and franchise owners saying that company policy is to require sick notes from employees, even those who are reporting symptoms of COVID-19, in order to receive unpaid time off. The parent company\u2019s PR team went into overdrive on Saturday, commenting on Twitter posts that had shared the PressProgress story, claiming that there was \u201cmisinformation\u201d circulating.<\/p>\n<p>By the end of the day, Tim Hortons had changed its policy to not require sick notes for employees at corporate-operated stores, and issued a \u201ccompany-wide directive\u201d that franchisees waive requirements for sick notes. On Tuesday, March 17, the company had moved further, announcing a $40 million relief fund to support its employees, and up to two weeks of scheduled pay for hourly employees. Meanwhile, share prices have continued their steep, months-long decline throughout the week.<\/p>\n<p>SHARE has a long history of engagement with RBI. In 2019, on behalf of the <a href=\"https:\/\/share.ca\/?s=atkinson+foundation\">Atkinson Foundation<\/a>, we <a href=\"https:\/\/share.ca\/proxy-alert-2019-rbi-workforce\/\">filed a shareholder proposal<\/a> calling on the company to create board-level oversight and reporting on Decent Work. While the proposal received a large majority vote from independent shareholders, the company has repeatedly declined to address any of the issues raised in the proposal. SHARE has re-filed the same proposal for this year\u2019s AGM, and will be looking to increase shareholder pressure on the company\u2019s board to take accountability for its workers.<\/p>\n<p>This week\u2019s events demonstrates the continued need for that kind of shareholder action. Among the questions we\u2019ve been asking ourselves this week at SHARE is: what should we be looking for from companies\u2019 pandemic responses to generate long-term value for shareholders?<\/p>\n<p>We\u2019ll have more to say on that here in the days ahead, but we know one thing for sure: these times will be a test of which companies truly mean it when they say \u201cour employees are our greatest asset\u201d in their annual reports.<\/p>\n<h2 style=\"color: #ffffff; padding-bottom: 10px;\">Sign up for latest news &amp; updates<\/h2>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At SHARE we have been thinking about how our work to build a sustainable economy fits into and is impacted by the unfolding crisis. We are looking at companies\u2019 pandemic responses that include valuing decent work practices for all employees.<\/p>\n","protected":false},"author":18,"featured_media":22533,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[1],"tags":[372,373,374,367,276,278,178,81],"class_list":["post-4033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How are Canadian companies stacking up on Decent Work in response to COVID-19? | SHARE - Shareholder Association of Research and Education<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/share.ca\/blog\/decent-work-covid-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How are Canadian companies stacking up on Decent Work in response to COVID-19? | SHARE - Shareholder Association of Research and Education\" \/>\n<meta property=\"og:description\" content=\"At SHARE we have been thinking about how our work to build a sustainable economy fits into and is impacted by the unfolding crisis. 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