In case you missed it, Ontario Teachers Pension Plan is calling for the OSC to require all public companies to have at least three women on their boards after a transition period (which it suggests setting at 2020) or be delisted. Teachers says they don’t expect any of the voluntary type options which have been suggested for increasing the number of women on boards, for example, “comply or explain” to have much impact. The link below is to Janet McFarland’s article in today’s Globe and Mail which provides more detail.
I love bold moves and I love this one, in particular!! In my mind, this is leadership and demonstrates how a major organization can have an impact on the world in which it operates!! Bravo Teachers!!
I would love to hear what you think!! Please share your thoughts in the Comments section below.