September 25, 2015
Our report, “Women in the C-Suite: Can Securities Law Advance Gender Equality?”, was referenced in a Globe and Mail article highlighting the current conversation in the business community on how to support improved gender diversity in corporate Canada. The research-based analysis, by Rima Ramchandani, Glen Johnson and Michele Cousens, examines public companies’ response to new gender diversity rules and was released as part of our annual publication Capital Markets Mid-Year Report. Below is an excerpt of the Globe article.
Securities regulators in Canada have introduced new rules requiring companies to report annually on their efforts to advance women in senior roles in business, but many companies have been reluctant to adopt formal targets to spur progress. A report released in May by Toronto law firm Torys LLP said 56 per cent of companies on the S&P/TSX composite index have developed policies supporting gender diversity, but only 13 per cent have set concrete targets for the proportion of women on their boards.
To read the full article, click here.
To learn more about our October 15 panel discussion, “Gender Diversity in Public Companies,” click here.
To read our Capital Markets Mid-Year Report 2015, click here.