A report from the University of Calgary and Alberta Securities Commission shows the number of
women on boards in that province is on the rise, but the oil patch has a long way to go compared to other sectors.
«I believe that the «comply or explain» approach will, over time, lead to stronger representation of
women on boards in Canada.
In a recent proposal put forward to Canada's major banks, Quebec - based shareholder rights group MÉDAC (Mouvement d'éducation et de défense des actionnaires) asked the Big Five to commit to achieving equal representation between men and
women on their boards in 10 years.
There have been a variety of studies showing that women in leadership roles equates to better company performance, including a report from Credit Suisse that says that companies with more than one woman on their boards have outperformed those with
no women on their boards in the stock market.
«Britain has the lowest gender pay gap on record, there are more women in work than ever before, more women - led businesses than ever before and there are now
women on every board in the FTSE 100.
Not exact matches
Earlier this year, for example, Judy Zaichkowsky of Simon Fraser University's Beedie School of Business published a study indicating that the presence of just one
woman on a company's
board resulted
in significantly higher standards of corporate governance (which has an established correlation to better financial performance).
British bank Barclays recently started issuing exchange - traded notes
on the NYSE Arca exchange (similar to ETFs, only they are derivatives guaranteed by the bank rather than invested
in the underlying securities) that track a
Women in Leadership index of U.S. companies whose CEOs are women or whose boards are at least one - quarter fe
Women in Leadership index of U.S. companies whose CEOs are
women or whose boards are at least one - quarter fe
women or whose
boards are at least one - quarter female.
«
In the financial industry, there's been a lot of debate, post — financial crisis, around different approaches to risk and gender difference,» says Brenda Trenowden, global head of funds at ANZ Banking Group in London and a member of the steering committee of the 30 % Club, which works to get more women on corporate board
In the financial industry, there's been a lot of debate, post — financial crisis, around different approaches to risk and gender difference,» says Brenda Trenowden, global head of funds at ANZ Banking Group
in London and a member of the steering committee of the 30 % Club, which works to get more women on corporate board
in London and a member of the steering committee of the 30 % Club, which works to get more
women on corporate
boards.
For a number of years, I had been
on the
board of Project Hope, which operates a shelter and provides services for homeless
women and children
in Boston.
Ellis and partner Nikolay Djibankov use a strategy called Gender Lens Investment, which targets companies with at least three
women on their
boards of directors,
in the creation of a so - called «parity portfolio» for clients.
Women's under - representation
on boards and
in top management positions has long been the subject of academic study and, more recently, public policy.
About 100 Boardlist candidates (some of whom already sit
on not - for - profit, for - profit, or advisory
boards, and the vast majority of whom live
in the U.S.) were asked a number of questions about their experiences
in business, and also about the fact that so few
women serve
on corporate
boards.
Harford is a prominent diversity champion, both
in the financial services sector and the wider business community, and served as the co-head of Citi
Women and on the board of directors of The Forte Foundation, a U.S. nonprofit organization dedicated to increasing the number of women leaders in busi
Women and
on the
board of directors of The Forte Foundation, a U.S. nonprofit organization dedicated to increasing the number of
women leaders in busi
women leaders
in business.
The numbers have nudged up from 15.9 %
in 2013, when Catalyst Canada surveyed the number of
women on Financial Post 500
boards, and new comply - or - explain regulations initiated by the Ontario Securities Commission will likely push the statistics higher now that companies are required to disclose female representation
on boards and
in senior management.
In 1992, she became the first African American
woman to travel to space as a crew member
on board the Space Shuttle Endeavor.
In 2012,
women accounted for 19 % of
board seats
on U.S. companies.
Recently, Equilar, a research firm that focuses
on board recruitment, put together a Gender Diversity Index and predicts that the
board of directors
on the Russell 3000 list — the 3000 largest companies based
in the United States — will achieve parity, with a membership made up of 50 percent
women and 50 percent men, by the fourth quarter of 2055.
This opinion piece from The New York Times editorial
board — part of a larger series
on gun violence that also looks at the horrific statistics
on the murder of
women in the U.S. — focuses
on the «boyfriend loophole,» something that may be familiar to regular Broadsheet readers.
At the White House's first United States of
Women Summit
in 2016, Buffett confessed that he only thought to put a
woman on the Berkshire Hathaway
board in 2003 — nearly 40 years after taking over the company — by the suggestion of his wife Susie.
In the same time period, in the U.S., the percentage of women on boards actually fell, from 21 to 20 percen
In the same time period,
in the U.S., the percentage of women on boards actually fell, from 21 to 20 percen
in the U.S., the percentage of
women on boards actually fell, from 21 to 20 percent.
According to the census, approximately 40 % of companies (177
in 2011) had no
women serving
on their
boards — a shockingly high number.
«We're trying to dispel the myth that the underrepresentation of
women on corporate
boards is a supply problem,» says Deborah Gillis, the CEO of Catalyst, which has a mission of accelerating the progress of
women in the workplace.
However, it is worth noting — as Fortune did
in a March analysis — that Airbnb has no
women on its
board.
Sandy Carter, a tech veteran and a founding
board member of WITI (
Women in Technology International), learned a valuable lesson when one of her mentors pointed out that she always ate lunch at her desk, missing out
on valuable opportunities to build relationships and advance her career.
But
in the end, does it actually matter to have that many more
women on boards?
By moving
in the direction of having publicly traded companies have a policy that includes consideration of gender representation
on boards and
in senior management, we hope that they will really take that issue seriously, that they'll consider how they're finding people to be
on their
boards, how they're moving
women through senior management roles and making them eligible for
boards appointments.
Canada's seventh - largest — and largest foreign - owned — bank, with more than $ 90 billion
in assets and $ 2 billion
in annual revenue, the company under her watch has become an exemplar of gender diversity, with equal numbers of men and
women on the
board and
in senior management.
When I first joined the
board [
in 2010], there were two other
women on the
board out of 10 people.
I've served
on several
boards and
in each case I've been one of just a few
women in the room.
In Canada and the U.S., the number of
women on boards of publicly traded companies sits at about 20 %.
The funds include the Pax Ellevate Global
Women's Leadership Fund, which invests in companies that have two or more women on their bo
Women's Leadership Fund, which invests
in companies that have two or more
women on their bo
women on their
boards.
However, Columbia University's Katherine W. Phillips and others mentioned
in the HBR story
on women directors point out that while diverse
boards that are not properly managed may «create distrust and dissatisfaction,» homogeneous groups don't come to any better solutions.
Circular
Board is intimate
in nature — no more than 10
women participate
in one 12 - week cohort — and highly collaborative: Participants join a peer group and meet weekly (or more) via videoconference to share ideas, offer feedback and give progress reports
on their business development.
In Canada,
women make up 14.6 % of the overall
board members at companies listed
on the TSX Composite index, which is up almost 4 percentage points since 2008.
The food, beverage and tobacco industry came
in a distant second
on the list, with
women comprising 21.2 % of sitting
board members
on average during that roughly six - year period.
On average,
women currently make up 18.7 % of the
boards at S&P 500 companies, which is up from 16.3 %
in 2011.
«While
women still make up less than 20 percent of U.S.
boards on average, movement toward greater gender parity is evident with the proportion of new nominees that are
women nearly doubling over the past seven years at larger firms,» Kamonjoh said
in a statement.
Fourteen
women sent a letter to Uber's 11 - member
board on Thursday insisting that the startup let their class action lawsuit alleging assault or harassment by Uber drivers go forward
in open court.
More than half of the issuers (56 %)
in the survey sample have adopted formal policies addressing the representation of
women on boards — and they've been swift about it.
Did you know that out of the current crop of «Unicorn» companies, less than 10 have a
woman on the founding team, and only a small percentage include any
women in their advisory
boards?
Last December, the Ontario Securities Commission introduced new rules that requires firms to disclose the percentage of
women on their
boards and
in executive positions.
Liberal legislation that received royal assent today means publicly traded companies are now required to disclose the number of
women and others from equity - seeking groups, such as visible minorities,
on their
boards and
in senior management.
All the industry giants have been criticized for continuing to have such low numbers of
women on the
board,
in management positions or even
in the workforce
in general.
Speaking at Fortune's Most Powerful
Women Summit
in Washington, D.C.
on Tuesday, Broader emphasized the criticality of such preparations for
boards in 2017.
Mr. Brickman and his wife, Patrice, are involved
in many philanthropic causes, including Neediest Kids and Visible Men, where Mr. Brickman sits
on the
Board, the National Center for
Women and Children, Stepping Stones Shelter, the Barbara Bush Foundation Celebration of Reading and the Cystic Fibrosis Foundation.
The government - backed report from Lord Mervyn Davies, who has been championing gender equality
in the boardroom, shows that FTSE 100 companies have exceeded the target of having 25 %
women on their
boards — more than doubling the number
in 2011 when the target was set.
Last week, The Vancouver
Board of Trade submitted additional feedback to the Ontario Securities Commission (OSC) regarding proposed regulatory changes that would increase the involvement of
women on corporate
boards and
in senior management positions.
VBOT becomes only major business organization
in Canada with more
women than men
on its
board of directors
The Canadian
Board Diversity Council reports that
women hold 21.6 % of seats
on FP500 companies, up marginally from 19.5 %
in 2015.
Submission to the OSC re: OSC Staff Consultation Paper 58 - 401 Disclosure Requirements Regarding
Women on Boards and
in Senior Management