In consultation with our clients, bcIMC has developed Corporate Governance Principles and Proxy Voting Guidelines  that address both corporate governance and environmental and social responsibility.

	Corporate Governance

No matter where we invest for clients, our corporate governance values remain constant. For bcIMC, the essential elements of good governance are:

1. Boards that are equipped and motivated to protect and enhance shareholder value.
2. Executive compensation that is aligned with company performance.
3. High quality financial and operating disclosure.
4. Rights and abilities to exercise ownership responsibilities.

	Environmental and Social Responsibility

In considering good environmental and social responsibility practices, our Corporate Governance Principles and Proxy Voting Guidelines  are supplemented by conventions such as the Organization for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises , the fundamental standards of the International Labour Organization (ILO), and the United Nations Global Compact. We believe these are reasonable codes against which companies may be held accountable.

bcIMC is also a signatory to the UN Environment Programme UNEP Declaration on Climate Change  which emphasizes the important role government leaders and policymakers have to play in setting standards to reduce greenhouse gas emissions.

We endorse the principles and criteria of the Extractive Industries Transparency Initiative to increase transparency and reduce bribery and corruption in financial transactions between governments and oil, gas and mining companies.

For reporting on our corporate governance and social and environmental activities, click here.