Only 14.1% of directorships at TSX companies are minorities, study finds

As for board gender diversity, the report said that for the first time, women hold one-third of all board directorships as of Jan. 1

“Canadian companies have a slight edge over their U.S. peers when it comes to board gender diversity, but far further to go as it applies to the prevalence of underrepresented minority groups,” said ISS head Marija Kramer. The number of women chief executives rose from six in 2020 to nine in 2023, while the number of non-employee chairs who were women grew to 22 from 13 over the same period, it said.

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