Research

Women in Leadership at S&P/ TSX Companies (Report)

Mar 05, 2020
Woman leader speaking to colleagues while holding an iPad
CANADA’S LARGEST COMPANIES ARE LEADING THE PACK TO ACCELERATE PROGRESS FOR WOMEN

Women’s economic participation and leadership are essential to driving business performance, and achieving gender balance on corporate boards and executive ranks has become an economic imperative. Companies in the S&P/ TSX Composite Index, widely viewed as a barometer of the Canadian economy, are leading the pack to accelerate progress for women.

The report offers a snapshot of progress for the companies included in the S&P/TSX Composite Index over a five-year time period ending December 31, 2019, as well as a comparative perspective on progress versus all disclosing companies on the TSX.  It also provides a full list of Index companies with 30% or more women on boards and 30% or more women on executive teams.

Women’s economic participation and leadership are essential to driving business performance and achieving gender balance on corporate boards.

Key Findings:

  1. Companies in the S&P/ TSX Composite Index have made progress for women on boards: In 2019, women comprised 27.6% of board directors, vs. 18.3% in 2015.
  2. There is more work to be done, however, to advance progress for women on executive teams. From 2015 to 2019, the percentage of women on executive teams among S&P/ TSX Composite Index companies increased only from 15.0% to 17.9%.
  3. As of August 2019—for the first time in its history—every company in the S&P/ TSX Composite Index had at least one woman on its board.

Download the full report.

 

How to cite this product: Catalyst, Women in Leadership at S&P/ TSX Companies (2020).

This report is a collaboration between Catalyst, a global nonprofit working with many of the world’s leading companies to help build workplaces that work for women, and the 30% Club Canada, the global campaign that encourages greater representation of women on boards and executive teams.