Corporate momentum on net-zero initiatives is building. More than one-fifth of the world’s largest corporations have pledged to reach net-zero carbon emissions by 2050. Organizations such as the ...
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The gender segregation of careers within Alberta’s energy industry, along with the overall underrepresentation of women, contribute to an exaggerated disparity in leadership. Although women are generally underrepresented at all levels of the energy industry, representation also diminishes with...
Board meetings are not just about efficiency, and an efficient meeting is not always an effective one. More than half of directors (61%) say the shift had a negative impact on board culture while only 2% saw a positive impact. Directors were also much more likely to see a negative impact on director engagement and on meeting effectiveness...
“Despite outstanding academic and professional accomplishments, women who experience the imposter phenomenon persist in believing that they are really not bright and have fooled anyone who thinks otherwise.” The findings spurred decades of thought leadership, programs, and initiatives to address imposter syndrome in women...
As it becomes legal for businesses to resume operations, careful consideration must be given to the impact of implementation plans on the broader group of a corporation’s stakeholders: meeting threshold or generic requirements might not always be “right”. Legal as well as reputational risks will have to be weighed and considered on the basis of the subjective characteristics of each business...
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...
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...