Here’s some tangible progress for you! Seven
provinces and two territories have signed on to new rules that require listed
companies to report their approach to adding more woman to their boards of
directors and senior management teams.
The amendment aims to increase transparency for investors, and help them
make investment and voting decisions.
Key disclosures required going forward
include: (1) Director term limits and a description of how the board is
renewed, (2) Policies regarding the representation of woman on the board, (3)
How the company considers representation of woman in filing executive officer positions,
(4) Company targets regarding the representation of woman on the board and in
executive officer positions, and many more.
This is great news. At April Now we hope to see faster progress soon in the wake of this great development. Go girls! It’s your time now…
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