Archive for June, 2016

Canada: Despite Growing Calls for More Women on Boards, Corporate Canada Resists

June 2016. Shareholders in some of Canada's biggest companies have shown some resolve to increase female representation at the board level, yet efforts in recent months to boost the number of women have been rejected time and again. Proposals to diversify the makeup of boards at Bell and the parent company of ...

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A Reason To Shop At H&M That Has Nothing To Do With Fashion

June 2016. Here’s a reason to spend more money at H&M: The fast-fashion retailer is closing in on gender equality. Women make up 58 percent of H&M’s board and 41 percent of its top leadership team, according to data released Tuesday by LedBetter, a new research group that tracks gender in leadership. H&M ...

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Opinion: Does it matter how many women sit on corporate boards?

June 2016. Boston Globe columnist Jeff Jacoby argues that it trivializes gender equality, in the corporate world or anywhere else, to be reduced to nothing but a body count. He says that what should concern those who value male-female diversity is not whether 20 percent or 40 percent of board members are ...

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Australia: Meet Corporate Australia’s 20 Female Free Zones

June 2016. When the Australian Institute of Company Directors released its quarterly gender diversity report, the headlines were mostly about how women have made up 43 percent of new board appointments this year, up from just 5 per cent in 2009. However, not everyone has been enlightened on the benefits of gender diversity ...

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Australia: AICD Gender Diversity Progress Report

June 2016. The Australian Institute of Company Directors (AICD) recently released its quarterly report for March through May of 2016. The report notes that female appointments to ASX 200 boards have tracked above 40 percent so far in 2016, the highest rate since they began monitoring figures in 2009. This solid ...

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Glass ceiling: Women hold only one of five board positions

June 2016. Men land four of every five board seats, according to a survey by Catalyst, which specializes in finding ways to promote women within organizations. The stats are even worse when it comes to female CEOs. They hold only 4.2% of the elite top jobs. “Men continue to be overrepresented, holding more than ...

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Canada: Are Mandatory Gender Diversity Targets Coming for Public Companies in Ontario?

June 2016. On June 7, the Ontario government announced that it has accepted all 11 recommendations set forth in Catalyst Canada’s report, Gender Diversity on Boards in Canada: Recommendations for Accelerating Progress. Catalyst Canada is a non-profit organization whose mission is to accelerate progress for women through workplace inclusion. The report ...

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Canada: Catalyst Recommendations for Accelerating Diversity in Canada

June 2016. Catalyst Canada recently released its report of recommendations to accelerate diversity in Canadian corporations. Read the full report here.

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Leaning in to Board Diversity: Nasdaq Governance Clearinghouse Articles

The Nasdaq Governance Clearinghouse shared a series of three articles tackling the challenges and payoffs of improving board diversity. PDFs of the articles are linked below. It's Time for Companies to Lean in to Board Diversity Leaning in to Board Diversity through Disclosure Leaning in to Diversity through Board Refreshment  

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Sweden: AP2 Welcomes Increased Board Diversity as Women Win Half of Swedish Roles

June 2016. The boards of Swedish listed companies are becoming ever more female, with this change speeding up in recent years to a point where 44.9% of newly elected non-executive directors are now women, according to research by Sweden’s second AP pensions buffer fund. The pension fund’s 2016 Female Representation Index showed ...

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