Bombardier Inc. | Women managers: promotions and advancement at Bombardier

Status
4.23% votes in favour
AGM date
Previous AGM date
Proposal number
2
Resolution details
Resolution ask
Report on or disclose
ESG theme
  • Social
  • Governance
ESG sub-theme
  • Diversity, equity & inclusion (DEI)
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Industrials
Company HQ country
Canada
Resolved clause
It is proposed that the corporation publish annually, in whatever format it may see fit, a report on the representation of women in all levels of management, from entry level to C-Suite (below the CEO).
Supporting statement
The pandemic has completely upended our economy and our various work environments. The crisis hit women especially hard, with millions of them either having left their jobs, opted for part-time work or simply been laid off, owing to the nature of their jobs or the economic sector in which they worked. Businesses therefore wound up with far fewer women in management or on the management track. This only accentuated a situation that already existed. Based on the study conducted by McKinsey, while women made up 50% of entry-level employees of the organizations surveyed, they only represented 31% of the vice-presidential positions and 14% of CEO positions, as this graph clearly indicates.  More specifically, while measures exist “to help women lessen the career and financial impacts of unpaid parental leave and part-time work,” women today are still more likely than men to experience this type of professional situation that continues to limit their advancement. Businesses cannot run the risk of losing even more women in management positions. The report being proposed here will help paint a picture of the situation within these various levels, encourage senior executives to set gender diversity objectives for each of them and inform all stakeholders of the strategies that will be deployed to ensure a vigorous economic recovery, especially after the public health crisis.

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