Alliance formed to get women on boards
Some of the country’s most influential advocacy groups for women in business are banding together in a new alliance meant to add pressure to growing calls for gender parity on boards.
The Canadian Gender and Good Governance Alliance (CGGGA) says it’s the first partnership of its kind in Canada. It unites the 30% Club Canada, the Business Council of Canada, the Canadian Coalition for Good Governance, Catalyst Canada, the Clarkson Centre, the Institute of Corporate Directors and Women in Capital Markets.
For years, the groups individually pushed for equal representation of women, citing that women only hold about 14 per cent of Canadian board seats and saying it will take more than 30 years to reach parity.
But they’re hopeful collaborating can improve such statistics.
The alliance released a “playbook” with strategies for recruitment, suggestions around term and age limits and tips for developing gender and diversity policies.
Marie Bountrogianni, Dean at Ryerson University’s G. Raymond Chang School of Continuing Education and former MPP, called the playbook a “catalyst for creating high-level awareness of this critical issue and helping move the pendulum.”