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 […]
Employers in traditionally male-dominated industries can use flexible benefits and a diversity-minded approach to hiring to attract more female talent, says Deirdre Chong-Smith, a compensation consultant at Eckler Ltd. “Something that tends to get overlooked when thinking about an inclusive workplace is having a flexible benefits package that can cover any type of person or […]
The Ontario Teachers’ Pension Plan is setting higher expectations for increased participation of women in board roles at large-cap companies in 2023. The pension fund’s proxy voting guidelines advocate for large-cap companies on developed market indices to increase the number of women directors on their boards to a minimum of 40 per cent, up from […]
Two-thirds (68 per cent) of global employers with high levels of employee engagement say they have a well defined diversity, equity and inclusion plan, according to a new survey by Aon. The survey, which polled more than 1,200 benefits and DEI leaders in 55 countries, found while three-quarters (74 per cent) of employers have an […]
Employers that aren’t encouraging LGBTQ2S+ inclusivity stand to lose significant amounts of money due to turnover, lower employee engagement and decreased productivity, says Michael Bach, founder and chief executive officer of Canadian Centre for Diversity and Inclusion Consulting Inc. “The employers making real progress are the ones that recognize the benefit of action and the […]
A quarter (24 per cent) of board seats in Canada are held by women, up two per cent since last year, according to a new report by the Canadian Securities Administrators. The report, which tracked TSX-listed companies and other non-venture issuers subject to the CSA’s disclosure requirements regarding women on boards and in executive officer […]
Arthritis Society Canada is supporting female employees by including menopause in its accommodation policy. The policy identifies ways in which a menopausal woman might require similar accommodations as a pregnant woman and includes adjusting an employee’s job responsibilities, finding alternate work and taking leave, says Trish Barbato, president and chief executive officer at Arthritis Society Canada. “I see […]
Women held 26 per cent of the total 5,112 board seats among Canadian companies providing disclosure for 2022, up from 23.4 per cent in 2021, 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 […]
The Canada Pension Plan Investment Board is warning corporate board directors that any companies failing to consider climate risks, adopting multiple-year term lengths or lacking in female representation won’t receive its support during shareholder votes, according to a new report. “How we select investments and hold management accountable to manage these factors can enhance or erode […]
While we speak regularly with outstanding women in the human resources, benefits, pension and investment industries, our annual Women’s Issue allows us to take a broader view, including how these women’s careers have evolved, their perspectives on mentorship and work-life balance, as well as their thoughts about pay equity and gender diversity. When I wrote […]