WCM | 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.
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.