CanWIT Advocacy: Submission to Ontario Securities Commission (OSC) on increasing the representation of women with technology skills on boards an essential step in breaking the glass ceiling
September 29, 2013

OSC Consultation Paper 58-401 - CanWIT Submission: View Full Submission at this URL:

https://docs.google.com/document/d/17TpS0rOq73MLC8L4eXbemACx_-OaR9Md6zBI64rHucU/edit?usp=sharing

Background

As Canada’s leading non-profit network focused on supporting the advancement of women in technology, Canadian Women in Technology (CanWIT) is well-aware that women are significantly under-represented within Canadian technology organizations and organizations that employ technology professionals. Unfortunately, in comparison to other sectors the information technology sector has low representation of women on boards as well. According to Karen Wensley, the author of the study Gender Diversity of Boards of Directors of Canadian ICT Companies, the boards of the 10 largest Canadian ICT companies are 16.5 per cent female in comparison to Spencer Stuart's 2012 Board index of larger Canadian companies which average about 17 per cent. This report also indicates that Canada overall is falling behind other countries, slipping to 9th place among industrialized nations for female representation on boards. [1]

As an organization that provides programs to increase the participation of women in technology we are invested in encouraging companies to increase female representation on boards. CanWIT welcomes the opportunity to respond to the OSC Consultation Paper 58-401 to determine what can be done to increase female representation on boards and senior management. CanWIT considers increasing the representation of women with technology skills on boards an essential step in breaking the glass ceiling and increasing the number of women in technology by providing a wonderful example of women contributing at senior levels. In order to achieve this, we would like to respectfully suggest the establishment of an Advisory Council where the Chair and Vice-Chair of CanWIT can actively contribute and play significant roles.

Contact: CanWIT Executive Director, Emily Boucher at eboucher@cata.ca 


[1] Wensley, Karen. “Gender Diversity of Boards of Directors of Canadian ICT Companies.” A report for the Information Technology Association of Canada. Web. July 2013.