News Formal

Women fill more board seats at TSX-listed companies as institutional investors press for change, study shows

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 92%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

At 677 Canadian public companies that disclosed directors’ genders in their securities filings, women held 23.4 per cent of the more than 5,000 total board seats in 2021, an increase of 2.2 percentage points compared to 2020

Institutional investors are pressing companies to add women to their boards of directors, and the numbers show the pressure is working.

For companies in the S&P/TSX 60 Index, Osler said, women held about 33 per cent of board seats in 2021, up about 1.7 percentage points from 2020. Institutional Shareholder Services began recommending against votes for the chair of the nominating committee of companies in the roughly 240-member S&P/TSX Composite Index if they did not have at least 30 per cent women directors or did not have a board diversity policy that includes a 30 per cent target in a reasonable time frame.

CPPIB says that so far in 2022, it has voted against 357 companies globally, including 15 in Canada, on matters of board gender diversity.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Lol… by gender or by qualifications? Creating a monster ha…..!

Meanwhile

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 5. in SE

Sverige Senaste nytt, Sverige Rubriker