Points places on 2021 Report on Business Women Lead Here List
We were delighted to earn a spot on the 2021 Report on Business Women Lead Here list, an annual editorial benchmark to identify best-in-class executive gender diversity in corporate Canada.
Established in 2020 by Report on Business magazine, the Women Lead Here initiative applies a proprietary research methodology to determine Canadian corporations with the highest degree of gender diversity among executive ranks.
Providing female-identifying employees with career development and leadership opportunities has been a consistent focus for us in recent years and we are pleased to have achieved recognition for our endeavours in this regard.
Currently, 47% of our senior management employees identify as female, together with 33% of our independent directors and a quarter of our executive team. The pandemic has made achieving a healthy work-life balance for many employees, especially women who often shoulder more domestic responsibilities than their male colleagues, more challenging. During this time, we have worked hard to ensure that all employees have the flexibility that they need to succeed in their careers and adapted our training and development opportunities for a remote working environment.”
For the 2021 ranking, Report on Business conducted a journalistic analysis of nearly 500 large publicly traded Canadian companies, evaluating the ratio of female-identifying to male-identifying executives in the top three tiers of executive leadership. The resultant data was applied to a weighted formula that also factored in company performance, diversity, and year-to-year change. In total, 71 companies earned the 2021 Women Lead Here seal, with a combined average of 44% of executive roles held by female-identifying individuals.
You can read more about this award designation here