March 8, 2012 by Ilene H. Lang
March offers a great deal to celebrate. Today marks International Women’s Day, Catalyst’s 50th Anniversary Celebration is only weeks away and it’s National Women’s History Month in the US. But while these occasions warrant applause, don’t strike up the band just yet.
Early this morning, Catalyst released the 2011 Catalyst Census: Financial Post 500 Women Board Directors showing that women currently hold just 14.5 percent of board seats in FP500 companies, and 10.3 percent of board seats in public companies. Nearly 40 percent of FP500 companies—and more than 46 percent of public FP500 companies—have zero women on their boards.
These numbers show a disregard for the benefits of diverse leadership. Smart organizations demand diverse slates of candidates when looking to fill a board seat, and look for talented “board-ready” women. And today Catalyst Canada launched the Catalyst Accord, an initiative that calls on Canadian companies to meet the challenge.
Want to dig deeper into the latest FP500 census? Please join our Tweet Chat on Thursday, March 15 at 12pm EST to discuss the latest stats—and the path forward to creating more inclusive Canadian workplaces. Liz Mulligan-Ferry, Senior Associate, Research, will be on-hand to answer any questions you may have. Follow along via Twitter.com or use Tweetchat.com for a more streamlined view of the discussion. Please use the hashtag #ChatCat for every tweet you send during this special event.