Archive for March, 2012

Canada: Tories to create advisory council to promote women as corporate directors

The Globe and Mail: The Canadian government took a first step to promote women on corporate boards of directors by announcing it will create a new advisory council of business leaders to promote the cause. The goal is to “link corporations to a network of women with professional skills and experience.” ...

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Pat Mitchell: Why are we so afraid of the Q word?

Huffington Post:  In an op-ed, celebrated media executive Pat Mitchell challenges women (and men) to reconsider any opposition to using quotas as a means to more expeditiously achieve gender balance on corporate boards.  She recalled that she had been the beneficiary of EEOC legislation when she landed her first broadcast ...

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UN: Strengthening the Business Case for Gender Equality – 400 CEOs Commit to Women’s Empowerment Principles

UN:  400 chief executives of companies worldwide have publicly declaired their commitment to implementing the  Women's Empowerment Principles (WEP) -  seven steps that business and other sectors can take to advance and empower women.  The full participation of women in our enterprises and in the larger community makes sound business ...

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European Parliament to vote on probe into quotas for women in boardrooms

According to the Sophia Echo, "the European Parliament was due on March 13 2012 to vote on a report that could open the way for EU-wide legislation compelling quotas for women in corporate management bodies.  The report, on equality between women and men in the EU, was compiled by Dutch ...

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German Women Lawyers Assn: Germany must enact quotas on boards

EurActiv:  To boost the number of women in high-level corporate positions, Germany must come up with mandatory law, following other European countries, like France, writes Margarete Hofmann, from the German Women Lawyers Association. "The German constitution makes gender equality mandatory and Berlin must impose binding law as we have seen companies' ...

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EU eyes mandatory quotas for women on corporate boards

EUROTRIBUNE:  "The European Commission moved one step closer on Monday to forcing companies to increase the number of women on their boards, with a consultation on imposed quotas that could prove divisive among some member states and industry bodies. Justice Commissioner, Viviane Reding, said Monday that at the current rate ...

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Fast Company: Investing in women and not just in the abstract

"Companies with more women on boards and in leadership positions outperform, financially and otherwise, companies with fewer women--and yet, this information doesn't typically factor into investment decisions. Now, some firms are giving investors the option to invest in companies that promote gender equality." Knowing that companies with gender diversity perform best, you’d ...

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Women make gains in boardrooms worldwide, but US still lags behind

The Gardian:  Women corporate directors now represent 10% of the public company directors tracked in an annual survey completed by the corporate watchdog company, Global Metrics International.  US Boards lag behind many of their western peers in percentage growth from 2009 to 2011.  The percentage of women directors rose a ...

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GMI publishes 2012 Women on Boards Survey on 4,300 companies in 45 countries.

GMI Ratings’ 2012 Women on Boards survey includes data on over 4,300 companies in 45 countries around the globe. The results show incremental improvement in most measures of female board representation since our 2011 report. The main findings include: For the first time ever, women hold more than one in ten board seats ...

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Malta: Mercer research reports “a maternity penalty for prioritizing childcare duties over work”

Independent online:  "A recent research report by Mercer, a global leader in human resource consulting, says that unconscious bias leads organisations to discriminate. With International Woman’s Day on 8 March, and the EU committed to improving the number of women on executive boards, Mercer’s report has shown that a key ...

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