ARTICLE · 06 FEBRUARY 2025

Canadian Governance Diversity Disclosure Obligations: Get On Board

McInnes Cooper

The rapid adoption of ESG (Environment, Social and Governance) principles and the growth of mandatory disclosure legislation is driving more public and private corporations

CanadaCorporate/Commercial Law

Beth McGrath

Jillian Cleary

Sophia Mapara

Updated November 21, 2024.

The rapid adoption of ESG (Environment, Social and Governance) principles and the growth of mandatory disclosure legislation is driving more public and private corporations (and their stakeholders) to assess and address the diversity in their leadership and throughout their organization. But while women are making more progress than other underrepresented groups, current representation on boards and senior management is still a long way from reflecting the diversity of Canada's available workforce.

Federal Government Action. The Canadian government has taken a number of steps intended to indicate its commitment to diversity and inclusion in Canada:

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Canadian Governance Diversity Disclosure Obligations: Get On Board

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