Archive for June, 2014

Canada: Government Report Calls for National Target of 30% Women on Boards in 5 Years

The diversity task force established by the Canada Government issued a report calling for a national target of 30% women on boards in five years, and other recommendations.  In speaking about the report, the Honourable Dr. K. Kellie Leitch, Minister of Labour and Minister of Status of Women said, "Our ...

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European Commission Fact Sheet on Gender Balance on Corporate Boards

The European Commission published a fact sheet on gender balance on corporate boards, noting that Europe is helping to crack the glass ceiling. The full fact sheet can be viewed here: European Commission Fact Sheet on Gender Balance on Corporate Boards.

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Catalyst: Women on European Boards

Catalyst published a blog post evaluates the efforts to diversify boards in Europe. Aside from quotas, voluntary target setting, public disclosure obligations, or adherence to a public charter can all help increase the number of women serving as board directors. The full blog post can be viewed here.

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Foster School of Business Report: Better Boards Project

A forthcoming report by the University of Washington's Foster School of Business found that women make up only 16 percent of the directors of major corporations and non-profit organizations and that more than 41 percent of big corporations non-profits do not have a single woman on the boards of directors. ...

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U.S.: Pimco joins Thirty Percent Club

Newport Beach-based Pacific Investment Management Co. (Pimco) has joined the Thirty Percent Club.  Key women executives at Pimco, which manages nearly $2 trillion in assets, include Deputy Chief Investment Officer Virginie Maisonneuve, who joined early this year to help lead Pimco's push for investing in stocks. To read the full article, ...

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Interview: Niamh Corbett, Member of the 30 Percent Club

IAI News interviewed Niamh Corbett, Vice President of the Equity Capital Markets division at Morgan Stanley, steering committee member of the Thirty Percent Club, and board member of the Gobal Advisory Board of Astia – a non-profit organization committed to building women leaders and helping women-led start-ups across the world.  ...

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UK: All FTSE 100 Companies Now Have at Least 1 Woman on the Board

UK mining company Glencove, previously the only FTSE 100 company without any female directors, has elected a woman to its non-executive board.  Now all FTSE 100 companies have at least one woman on the board. "This is a historic day for the FTSE and for the reforms I've been pushing for ...

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Canada: Government Promotes Increased Representation of Women on Corporate Boards

Canada's Minister of Labour and Minister of Status of Women the Honorable Dr. K. Kellie Leitch spoke about the importance of increasing women's representation on corporate boards.  The Minister presented evidence to demonstrate how increasing the number of women directors can enhance corporate performance, noting also that while women represent ...

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Report: Grant Thornton – From Classroom to Boardroom

A report by Grant Thornton found that there has been "no significant movement" in the figures of women holding the most senior roles in businesses worldwide. The figure has not changed from 2013, and is the same as 2009 and 2007, holding steady at 24 percent. The Grant Thornton International Business Report ...

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Canada: 26 Leading Corporations Sign Catalyst Accord Supporting 25% Women on FP500 Boards by 2017

Catalyst Canada announced that 26 leading companies have pledged to increase the proportion of FP500 board seats held by women to 25% by 2017. "By publicly committing to boardroom diversity and setting goals, these companies serve as role models for others, demonstrating that leadership and accountability start at the top," says ...

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