board diversity – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 03 May 2024 21:03:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Caisse reports more than $53 billion in low-carbon assets https://www.benefitscanada.com/canadian-investment-review/strategies/caisse-reports-more-than-53-billion-in-low-carbon-assets/ Tue, 16 Apr 2024 13:00:14 +0000 https://www.benefitscanada.com/?p=154279 The Caisse de dépôt et placement du Québec is reporting $53 billion in low-carbon assets, including $15 billion in Quebec, representing an overall increase of $35 billion in low-carbon assets since 2017, according to the investment organization’s latest sustainable investing report. It found the investment organization has more than $330 billion in assets with a […]

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]]> 20% of global board positions filled by people from underrepresented groups, ethnicities: report https://www.benefitscanada.com/news/bencan/20-of-worlds-board-positions-are-filled-by-people-from-underrepresented-groups-ethnicities-report/ Thu, 29 Feb 2024 14:00:48 +0000 https://www.benefitscanada.com/?p=152504 In 2023, a fifth (20 per cent) of board positions across the globe were filled by individuals that belong to historically underrepresented groups or ethnicities, with nearly a third within their first two years of tenure, according to a report by McKinsey & Company. The report, which polled more than 1,200 companies across 23 countries, […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-67/ Fri, 05 Jan 2024 14:00:30 +0000 https://www.benefitscanada.com/?p=149898 A story about the B.C. Lottery Corp.’s new inclusive holiday program was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week. 1. BCLC allowing employees to swap statutory holidays for personal, cultural days of significance 2. My Take: Obesity should be treated like […]

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]]> Women holding more board seats, but overall diversity still lagging: report https://www.benefitscanada.com/news/bencan/women-holding-more-board-seats-but-overall-diversity-still-lagging-report/ Mon, 16 Oct 2023 13:00:04 +0000 https://www.benefitscanada.com/?p=145367 Among Canadian companies providing disclosure for 2023, women held 29 per cent of board seats, up from 26 per cent in 2022, according to Osler Hoskin & Harcourt LLP’s latest diversity report. The report tracked companies subject to the Canada Business Corporations Act that disclosed the number of women, Indigenous peoples and visible minorities represented […]

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]]> Are institutional investors meeting diversity targets set for investee companies? https://www.benefitscanada.com/archives_/benefits-canada-archive/are-institutional-investors-meeting-diversity-targets-theyve-set-for-investee-companies/ Fri, 23 Jun 2023 12:56:02 +0000 https://www.benefitscanada.com/?p=139978 Considering women account for just over half of the population, Andrew MacDougall understands why — taken in isolation — the state of female representation at the top level of Canada’s public companies can seem a little underwhelming. According to the most recent round of disclosures, around 34 per cent of seats on the boards of […]

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]]> Caisse on track to reach net-zero goals: report https://www.benefitscanada.com/canadian-investment-review/strategies/caisse-on-track-to-reach-net-zero-goals-report/ Tue, 18 Apr 2023 16:30:25 +0000 https://www.benefitscanada.com/?p=136732 The Caisse de dépôt et placement du Québec is on track to have a net-zero portfolio by 2050, according to the organization’s latest sustainable investing report. In 2022, the carbon intensity of the Caisse’s portfolio was 53 per cent lower than its 2017 baseline level, a four per cent improvement over the previous year. As […]

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]]> BCI’s new proxy vote guidelines address board diversity at Canadian companies https://www.benefitscanada.com/canadian-investment-review/strategies/bcis-new-proxy-vote-guidelines-address-board-diversity-at-canadian-companies/ Thu, 09 Mar 2023 17:45:26 +0000 https://www.benefitscanada.com/?p=135125 The British Columbia Investment Management Corporation is expanding its proxy voting guidelines around racial diversity to cover Canadian-domiciled investee businesses. “Proxy voting is a key shareholder right and powerful tool for BCI to drive action aligned to our clients’ best interests,” said Daniel Garant, executive vice-president and global head of public markets at the BCI, […]

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]]> Just a third of Canadian employers have boards with 40% women: report https://www.benefitscanada.com/news/bencan/just-a-third-of-canadian-employers-have-boards-with-40-women-report/ Wed, 08 Mar 2023 14:00:03 +0000 https://www.benefitscanada.com/?p=134996 Just 34 per cent of Canadian employers had boards with female representation of 40 per cent or more as of October 2022, according to a new report by MSCI Inc. The report, which analyzed more than 2,800 employers in 18 countries across the Americas and Europe, found more than a third (38 per cent) reported […]

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]]> Companies must listen to racialized employees in tackling racism at work: experts https://www.benefitscanada.com/news/bencan/companies-must-listen-to-racialized-employees-in-tackling-racism-at-work-experts/ Wed, 01 Mar 2023 20:00:58 +0000 https://www.benefitscanada.com/?p=134667 Experts say commitments to tackle racism in the workplace haven’t been met with enough action, as survey findings released this week found more than 70 per cent of Black Canadians still experience racism or microaggressions on the job. The survey by KPMG in Canada, which polled more than 1,000 self-identifying Black employees, found while a […]

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]]> Enbridge making progress on workforce diversity goals https://www.benefitscanada.com/news/bencan/enbridge-making-progress-on-workforce-diversity-goals/ Fri, 24 Feb 2023 14:00:06 +0000 https://www.benefitscanada.com/?p=134465 Enbridge Inc. is making steady progress on workforce representation goals that it established after signing the BlackNorth Initiative pledge in 2020. Since then, the energy company has increased workforce representation of specific ethnic and racial groups to 23 per cent, towards a goal of 28 per cent by 2025. It’s also aiming to increase board […]

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