Surrey Business News

The 50 – 30 Challenge

- Ic.gc.ca/eic/site/icgc.nsf/eng/07708.html

As part of the Surrey Board of Trade’s Diversity and Inclusivit­y Portfolio, we have signed on and are promoting the 50 – 30 Challenge, an initiative between the Government of Canada, business, and diversity organizati­ons. Together with the project co-creators, many of whom have been striving to increase corporate diversity for decades, the government is shaping a plan to improve access for racialized persons, people who identify as LGBTQ2, people living with disabiliti­es, as well as

First Nations, Inuit and Métis to positions of influence and leadership on corporate boards and in senior management.

The goal of the program is to challenge Canadian corporatio­ns to increase the representa­tion and inclusion of diverse groups within their workplace, while highlighti­ng the benefits of giving all Canadians a seat at the table. The 50 – 30 Challenge will be developed with the help of decades of expertise from both private sector and advocacy partners to offer a variety of tools to support participat­ing companies in achieving real results.

THE BENEFITS

Diversity in the workplace makes good business sense. Companies that are more diverse:

• are more likely to outperform their peers;

• are twice as likely to meet or exceed financial targets;

• are eight times more likely to achieve better business outcomes;

• generate and foster fresh insights, new ideas and creative solutions; and,

• draw on the full talents of their organizati­ons and people.

CALL TO ACTION

Sign up and pledge to accept the 50 – 30 challenge.

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