Urbana Corporation recognized for highest executive gender diversity on The Globe and Mail’s 2023 Women Lead Here list for second time
24 Março 2023 - 2:05PM
Urbana Corporation (TSX & CSE: URB & URB.A) is pleased to
announce it has been included on The Globe and Mail’s 2023 Report
on Business magazine’s Women Lead Here list. This annual editorial
benchmark identifies top-notch Canadian businesses with the highest
executive gender diversity. Urbana first received this
accolade in 2021.
This benchmark was established in 2020 by Report on Business
magazine and applies a proprietary research methodology to
determine Canadian corporations with the highest degree of gender
diversity among executive ranks. The ranking companies have made
tangible and organizational progress related to executive gender
parity.
“We have an incredible team of highly committed professionals
dedicated to building an exceptional company. We are extremely
grateful for the contributions of our female executives,” quoted
Thomas S. Caldwell, C.M., Chair of Urbana Corporation.
"Recognizing businesses that are successfully tackling issues
around executive gender parity is a crucial step in moving the
dial," says Dawn Calleja, editor of Report on Business magazine.
"While more work is needed across the board, the companies
highlighted in this list are examples to others in corporate Canada
looking to move toward gender parity and, ultimately, build better
businesses."
For the 2023 ranking, Report on Business conducted a
journalistic analysis of approximately 500 large publicly-traded
Canadian companies based on revenue, evaluating the ratio of
female-identifying to male-identifying executives in the top three
tiers of executive leadership. The resultant data was applied to a
weighted formula that also factored in company performance,
diversity and year-to-year change.
In total, 90 companies earned the 2023 Women Lead Here seal,
with a combined average of 46% of executive roles held by
female-identifying individuals.
The 2023 Women Lead Here list is in the April 2023 issue of
Report on Business magazine, distributed with The Globe and Mail on
Saturday March 25th, 2023 and online at
tgam.ca/WomenLeadHere
ABOUT URBANA CORPORATIONUrbana Corporation is a
diversified investment company. The long-term goal of Urbana
Corporation is to seek and acquire investments for income and
capital appreciation through a combination of public and private
investments.
ABOUT THE GLOBE AND MAIL The Globe and Mail is
Canada’s foremost news media company, leading the national
discussion and causing policy change through brave and independent
journalism since 1844. With our award-winning coverage of business,
politics and national affairs, The Globe and Mail newspaper reaches
6.1 million readers every week in our print or digital formats, and
Report on Business magazine reaches 2.6 million readers in print
and digital every issue. Our investment in innovative data science
means that as the world continues to change, so does The Globe. The
Globe and Mail is owned by Woodbridge, the investment arm of the
Thomson family.
For further information contact:
Elizabeth Naumovski Investor Relations (416)
595-9106 enaumovski@urbanacorp.com
Urbana (TSX:URB.A)
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