WCM Research | Targets: Capital Markets Are Ready

August 27, 2020

WCM's research on representation targets for women and racialized persons confirms that support for targets, written policies and term limits has increased materially since the implementation of the OSC’s Comply or Explain. A survey of 500 capital markets professionals reveals the majority of respondents are strongly in favour of targets for executive and board roles and amending legislation to support rapid diversification of corporate boards. 

Key Findings

  • 92% of respondents are in favour of publicly listed companies adopting targets at both the board and executive level.
  • 92% favour a written diversity policy for director nomination.
  • 82% of respondents are in favour of a 10-year term limit.

What is your reaction to the fact that the 61st session of the Commission on the Status of Women will be chaired by a man?