Dey Kaplan

Question 1

Dey Kaplan Reco

Answer 1

13 Guidelines of best practices to help boards get up to speed with corporate governance standards

• not to box-check but to focus on the capabilities that the board needs to help

Question 2

Corp Purpose

Answer 2

create value and impact stakholders –> living document

Question 3

Board’s Duty

Answer 3

identify and articulate best interest of the company in every decision

Question 4

Definition of Stakeholders

Answer 4

have a clear definition and understanding of who they are for each company

Question 5

Indigenous People

Answer 5

jointly developed mechanism for company’s relationship as these are not mere stakeholders

Question 6

Reporting to Stakeholders impact

Answer 6

should be in the annual report as a form of social accounting

Question 7

stakeholder committee

Answer 7

engage with the key groups of stakeholders and audit the report in guidelines 5

Question 8

Stakeholder conflicts

Answer 8

resolve competing interestss among stakeholders, have a fair process to consider all interests

Question 9

Compensation policies

Answer 9

pay is aligned with achieving purpose and long tern cop sustainability

Question 10

Board refreshment

Answer 10

renewal, diversity, right mix of skills, term limits, age limits, performance assessment

Question 11

Board Diversity

Answer 11

backgrounds and experiences, report board composition for women, Indigenous, persons with disabilities, visible minority

Question 12

Corp diversity

Answer 12

disclosure and diversity targets and timelines for leadership and overall workforce

Question 13

Climate change

Answer 13

corp policy and board monitoring of climate change goals, targets, consideration of climate change issues when reviewing strategic choices –> duty of loyalty

Question 14

corp activism

Answer 14

CEOs and boards sharing opinions on social media