By Julie Walsh Senior Vice President Corporate Secretary and Chief Corporate Governance Officer at Scotiabank in Toronto, Canada
Scotiabank has long been committed to board diversity and has taken great strides to achieve it. We first adopted a board diversity policy in 2013, setting out our gender diversity goals but also defining diversity broadly across a range of characteristics.
Today, 46% of our directors are women, and we have consistently had more than 20% women board members since 2004.
But there are other equally important ways that companies can contribute in order to support women, their careers and their ascension to boards.
We are in a moment. The moment of Time’s Up and #MeToo. The moment of women’s marches. The moment of Harvey Weinstein and Justice Kavanaugh. The moment when more women than ever before have been elected to public office. It’s also the moment when investors have an historic opportunity to become a powerful force for advancing gender equality across the globe.