Under heightened industry and media scrutiny, TSX-listed companies continue to make progress—albeit limited – in their bid to increase diversity on boards and executive teams.
Osler’s 2019 Diversity Disclosure Practices [PDF] offers an updated snapshot on the representation of women in leadership roles in corporate Canada. Our Corporate Governance Group conducted an extensive review and analysis of diversity disclosure by TSX-listed companies and summarized the results for the full 2018 calendar year as well as the period from January 1, 2019 to July 31, 2019.
In this fifth annual report on gender diversity disclosure practices of TSX-listed companies, we highlight the achievement of some key benchmarks and for the first time showcase examples of excellence in disclosure. The report also includes a sampling of best practices in fostering greater gender diversity disclosed by leading Canadian companies.
In particular, our research findings provide insight into
- the breakdown and percentages of women on boards for full-year 2018
- the breakdown and percentages of women executive officers for full-year 2018
- the industry breakdown of women directors for full-year 2018
- diversity policies and targets for full-year 2018
- 2019 mid-year results regarding the number and percentages of women directors and women in executive officer positions by industry
- board policies on diversity and policies related to the nomination and identification of women on boards
- targets for women on boards and in executive officer positions
The data presented in this report was obtained by examining public disclosure documents filed by all TSX-listed companies that are subject to National Instrument 58-101 Disclosure of Corporate Governance Practices, which requires disclosure respecting the representation of women on boards and in executive officer positions.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
