board diversity – Benefits Canada.com

Expert panel: Less talk, more action needed to move needle on DEI at top

mdunne — Tue, 09 Nov 2021 13:00:49 +0000

While talk about the importance of improving diversity on corporate boards and in the C-suite has been ongoing for decades, actual action has been too slow. In 2020, there were more chief executive officers named Michael or James than actual women CEOs in the U.S., with just six per cent of the top 500 public […]

The post Expert panel: Less talk, more action needed to move needle on DEI at top appeared first on Benefits Canada.com.

Number of women on boards increasing but overall diversity still lagging: report

lbailey — Mon, 25 Oct 2021 19:00:55 +0000

Women held 23.4 per cent of the total 4,914 board seats among Canadian companies providing disclosure for 2021 — a steady increase of 2.2 per cent from 2020’s year-end results, according to Osler, Hoskin & Harcourt LLP’s latest diversity report. The report tracked companies subject to the Canada Business Corporations Act that disclosed the number of […]

The post Number of women on boards increasing but overall diversity still lagging: report appeared first on Benefits Canada.com.

Ontario Teachers’ abstains from vote to re-elect female board member

Gideon Scanlon — Tue, 14 Sep 2021 17:00:07 +0000

To push for greater female representation on a corporate board, the Ontario Teachers’ Pension Plan withheld its support for the re-election of a female board director during a shareholder vote. During the annual general meeting of network management software developer Netscout Systems Inc., the pension fund’s proxy refrained from voting on a measure to re-elect […]

The post Ontario Teachers’ abstains from vote to re-elect female board member appeared first on Benefits Canada.com.

‘More needs to be done’ to increase number of women on boards: report

bwolfe — Mon, 19 Apr 2021 19:00:28 +0000

Women remain underrepresented in boardrooms of Canadian companies listed on the Toronto Stock Exchange despite the introduction of disclosure requirements intended to boost their numbers, according to a report by the Conference Board of Canada. The report said while there’s some progress in the proportion of women on corporate boards, the pace of change remains slow. “More needs […]

The post ‘More needs to be done’ to increase number of women on boards: report appeared first on Benefits Canada.com.

Private equity firms want to add younger, more diverse hires to staff: survey

mschmit — Tue, 28 Jan 2020 04:49:03 +0000

Private equity firms appear to be having a tough time attracting younger talent to their teams and an even tougher time getting that talent to stick around, according to EY’s 2020 global private equity survey report. More than half (60 per cent) of those surveyed by EY said they experience some difficulty in attracting employees […]

The post Private equity firms want to add younger, more diverse hires to staff: survey appeared first on Benefits Canada.com.

Slow progress increasing women on corporate boards, MSCI report

mschmit — Tue, 15 Jan 2019 06:19:22 +0000

Progress increasing women on corporate boards in 2018 has been slow, with women holding 17.9 per cent of all directorships at MSCI ACWI index companies as of Oct. 16, 2018, up incrementally from 17.3 per cent in 2017, according to an MSCI Inc. progress report on women on corporate boards. Among MSCI world index companies, […]

The post Slow progress increasing women on corporate boards, MSCI report appeared first on Benefits Canada.com.

CPPIB increases efforts to promote board diversity

mschmit — Mon, 24 Dec 2018 08:03:50 +0000

In an effort to increase board diversity, the Canada Pension Plan Investment Board will establish a policy to vote against the chair of the board committee responsible for director nominations at its investee public companies if the board has no women directors. “We believe that companies with gender-diverse boards are more likely to achieve superior […]

The post CPPIB increases efforts to promote board diversity appeared first on Benefits Canada.com.