Discussions on diversity in corporate boardrooms are expanding beyond focusing solely on women. Regulators are considering broader disclosure regulations to include the LGBTQ+ community. Read the latest op-ed from Sarah Kaplan, ICD.D on the research findings (with support from LGBTQ Corporate Directors Canada) which examined LGBTQ+ representation on TSX-listed boards from 2015 to 2022. 👉 They found only 9 board members openly identifying as LGBTQ+ in 2022, comprising 0.15% of all board members that year. ❓ This stark underrepresentation raises important questions about barriers to disclosure and access to board positions for LGBTQ+ individuals. 🔎 These findings highlight the need for organizations to improve recruitment, retention, and promotion processes to foster greater #LGBTQ+ representation at all levels, including #CorporateBoards. Read the Globe and Mail op-ed (paywalled): https://lnkd.in/gf3D6mSx
🌈 Pride month is fast approaching! 💡 At least 4.4% of the population are LGBTQ+, but only 0.15% of Board Directors on the TSX have publicly identified as members of the LGBTQ+ community. ➡ Check out the latest research by GATE Founding Director, Sarah Kaplan, ICD.D, on the underrepresentation of LGBTQ+ corporate directors in Canada, with thanks for support from LGBTQ Corporate Directors Canada. ⬇ See the infographic for more information on our research. #Pride #LGBTQ+ #Research #CorporateDirectors #TSX
Thank you for all of your work on this issue. This is valuable and insightful information for the advocacy work underway by the LGBTQ+ Corporate Directors Canada Association.