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