Archive for June, 2015

Canada: Vancouver Board of Trade Breaks Glass Ceiling in Move Toward Gender Equality

June 2015. The Vancouver Board of Trade (VBOT) recently became Canada’s first major business organization with more women than men on its board of directors. VBOT’s board of directors consists of 36 members of the local business community, 20 of whom are women. Read more here.

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Canada: Minister Releases Progress Report for Women on Boards

June 2015. The Honorable Dr. K. Kellie Leitch, Canada's Minister of Labour and Minister of Status of Women, highlighted progress made since the federal Advisory Council released its report, Good for Business: A Plan to Promote More Women on Canadian Boards, in June 2014. At the federal level, women represented approximately ...

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The Key to Getting Women on Boards? Men

June 2015. Speaking at Fortune’s Most Powerful Women summit in London this summer, Helena Morrissey, CEO of Newton Investment Management and founder of the 30% Club, attributed a significant portion of the 30% Club’s success to its recruitment of male advocates. Read more  of her comments about the importance of getting men ...

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Two Companies Add Female Board Members in Response to Petition by Pax World

June 2015. Pax World Management LLC, a sustainable investing adviser, was instrumental in getting Roper Technologies and Stericycle, Inc. to begin diversifying their boards of directors. In April, both companies nominated women to their boards after dialogues with both Pax World and the Thirty Percent Coalition. Read the press release here.

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Why We Need Diversity in the Boardroom

June 2015. The New York State Comptroller, Thomas P. DiNapoli, recently penned an op-ed on the importance of diversity on corporate boards. As the trustee of the New York State Common Retirement Fund, DiNapoli noted that the fund has led investor coalitions that have persuaded 12 major portfolio companies to diversify in the ...

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Illinois Becomes Second State in Nation to Pass a Women on Boards Resolution

June 2015. The State of Illinois House of Representatives passed HR 0439, a resolution to encourage equitable and diverse gender representation on corporate boards of directors. This makes Illinois the second state in the nation to pass a women on boards resolution. The resolution was spearheaded by 2020 Women on Boards/Chicago ...

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5% of Fortune 500 Companies Led by Women

June 2015. The Washington Post Wonkblog reports that the number of Fortune 500 companies led by women is at an all-time high: 5%. 24 companies in the index have female CEOs, which is the same number as last year. Despite the low number, the Post notes there has been progress, ...

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Africa: Top Companies Should Promote Women

June 2015. A new report from the African Development Bank (AfDB) says that Africa has the best record among emerging regions of getting women into top business posts. However, women still make up just 14% of the boards of major African companies. The AfDB says urgent action needs to be taken ...

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