See how badly Canada’s top public companies score on gender equality - and why investors may pay the price

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See how badly Canada’s top public companies score on gender equality - and why investors may pay the price
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See how badly Canada’s top public companies score on gender equality - and why investors may pay the price GlobeInvestor

Canada’s top public companies significantly lag their U.S. and global peers when it comes to gender equality in the workplace, according to new research, and risk losing investor confidence if improvements aren’t made.

The average percentage score among the top 200 global companies Equileap identified as leading the way for gender equality was 53 per cent. .“Canada has a long way to go to catch up with global corporate standards,” says Diana van Maasdijk, chief executive at Equileap. The research, conducted between October and February and released on International Women’s Day, looks at metrics ranging from the number of women on boards and in executive positions to equal pay and parental leave policies.

Ms. van Maasdijk says Equileap is working to raise awareness about gender equality gaps and hopes its rankings will “promote a healthy competitive environment to encourage some of the largest Canadian employers to aim for better gender equality performance.”

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