Sustainability – both social and environmental – has quickly risen to the top of corporate agendas in recent years. This is in part because of the growing evidence that sustainable practices result in improved financial performance...
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Shows that the number of seats held by women and minorities at Fortune 500 companies have increased from 34% (1,929 board seats) in 2018 to 38.3% (2,253 board seats) in 2020.
But the rate of overall improvement remains slow. The average growth for minority representation since 2004, the first year this data was collected, through June 30, 2020, is less than 0.5% per year.
While stakeholders and shareholders increase demands for gender, racial, and ethnic diversity in the boardrooms...
As boards move beyond crisis management, survey results suggest that specific risks and organizational issues are increasingly top of mind...
I’m very keen on having as diverse a board as possible, but there’s one area where I want homogeneity across all board members — and that’s how they react when times get tough. When looking for new NEDs, I only hire those I can tell with reasonable confidence won’t run for the hills at the first sound...
Being a board member isn’t easy. You have responsibility for a company but limited means to really understand it — and that understanding is often mediated by management. How aware are you of what’s really happening in the company...
The Canadian Securities Administrators’ (the CSA) updated data on women in corporate leadership shows that women’s representation has increased over the last six years. Data published by Innovation, Science and Economic Development Canada (ISED Canada) confirms...
The number of women on corporate boards increases yearly, but the growth rate slowed in 2020 following a moderate uptick in 2019. MSCI ESG Research observed a 0.6% growth rate among MSCI ACWI Index companies in 2020, and outlined three projection scenarios for the decades ahead.
Bay Street's boys' club has a long history of making nonsensical excuses to exclude women from positions of power. One infamous incident occurred in 1976, when W.Earle McLaughlin , then chairman and president of Royal Bank of Canada, caused an uproar when he claimed the country's largest bank couldn't find a qualified women....
Innovation, Science and Industry has been working with stakeholders, partners, and diversity organizations in a bottom-up approach to create the 50 – 30 Challenge. Minister Bains will be...