Regulatory Alerts2021-11-04
CSA Multilateral Staff Notice 58-313: Review of Disclosure Regarding Women on Boards and in Executive Officer Positions - Year 7 Report
The Canadian Securities Administrators issued this seventh annual report analyzing disclosure trends regarding women on boards and in executive officer positions for TSX-listed issuers. The review found that 22% of board seats were held by women, 67% of issuers had at least one woman in an executive officer position, and 60% of issuers adopted policies relating to female board representation. The staff also provided guidance recommending that issuers present diversity data in a common format to improve consistency and comparability for investors.
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