Are we making a difference?

Are we making a difference?

Canada’s new gender-diversity disclosure requirements

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Doron Melnick

Partner and National Leader, People & Change Services

KPMG in Canada

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Four women walking

Women made up more than one-third of all new appointments to the boards of Canada’s 100 largest publicly traded companies in the last six years, finds ‘Are we making a difference?’ a new research report conducted by KPMG in Canada. Almost all now have at least one female director, a jump of nearly 30 per cent since the country’s ‘Comply or Explain’ gender diversity mandate came into effect in 2014.

Key research findings on Board appointments:

  • 34 per cent of new appointments are female
  • 41 per cent of female directors were joining their first board, compared to 43 per cent of men
  • 96 per cent of companies now have a female director, up from 67 per cent in 2014
  • 64 per cent of female directors have advanced degrees, compared to 54 per cent of men
  • 34 per cent of female directors are in the workforce, compared to 51 per cent of men
  • 95 per cent of female directors came from outside the organization, compared to 76 per cent of men
  • 71 per cent of female directors would not be considered overboarded

Read the report for more information.

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