Enhancements to the Canadian Imperial Bank of Commerce’s gender affirmation coverage is the latest way the bank is supporting LGBTQ2S+ employees during Pride Month and beyond. The expanded coverage was added to the organization’s benefits program last month and includes reimbursement for specific gender transition surgeries and procedures up to $10,000 per year, up to a […]
The Ontario Teachers’ Pension Plan’s focus on diversity, equity and inclusion issues is an increasingly key part of its long-term strategic vision. The pension fund is embedding DEI initiatives into its latest enterprise strategy and is guiding the plan’s global growth and expansion, says Beth Tyndall, its chief people officer. “For the first time ever in [our] […]
The Healthcare of Ontario Pension Plan is increasing its focus on diversity, equity and inclusion efforts in areas ranging from organizational culture to recruiting. The organization launched a five-year strategy last year, focusing on embedding DEI into its culture, work environment and business processes, while addressing systemic barriers faced by equity-seeking groups. Michael Regis, the […]
While 68 per cent of Black Canadians said their employers have made progress on promises to be more equitable and inclusive for Black employees, only 35 per cent believe their prospects for advancement have improved, according to a new survey by KPMG in Canada. The survey, which polled about 1,000 Black Canadians, found just 19 per cent were offered […]
AstraZeneca is embracing belonging, inclusion and volunteering to keep its employees socially connected and engaged as the coronavirus pandemic rages on. The isolation that accompanies remote working due to the pandemic has been challenging for most employees, says Gena Restivo, the biopharmaceutical company’s vice-president of human resources, communications and sustainability in Canada. “We recognized early […]
The British Columbia Investment Management Corp. is updating its code of ethics and personal conduct to include a section outlining its expectations from employees around diversity, equity and inclusion-related issues. Following a review of the 2018 version of the code earlier this year, the BCI’s board put forward recommendations and a new version was published […]
While talk about the importance of improving diversity on corporate boards and in the C-suite has been ongoing for decades, actual action has been too slow. In 2020, there were more chief executive officers named Michael or James than actual women CEOs in the U.S., with just six per cent of the top 500 public […]
A new federal holiday offers new opportunities for Canadian employers to support Indigenous employees this week and beyond, say experts. This Thursday, Sept. 30, is the first-ever National Day for Truth and Reconciliation, a statutory holiday for all federal employees and workers in federally regulated workplaces after the House of Commons unanimously supported the legislation […]
A third of investment organizations participating in the CFA Institute’s recent diversity, equity and inclusion program said they’ve trained between 81 and 99 per cent of their employees in detecting unconscious bias or practicing inclusive leadership, according to a new survey. The survey — conducted across 41 investment organizations that participated in the 2020 program […]
For slightly more than half (52 per cent) of U.S. employers, the chief human resources officer is either partially or fully responsible for diversity, equity and inclusion efforts at their company, according to a new survey by XpertHR, a subsidiary of LexisNexis Risk Solutions Group. The survey, conducted among nearly 400 U.S. employers in May, […]