Highlighting our co-operative governance
We are a purpose-driven organization focused on building financial strength to meet the current and future needs of our members, clients and communities. Our co-operative governance, through our member organizations and our Board of Directors, keeps us oriented to our purpose and aligned to the co-operative principles that guide us.
Embedding sustainability and climate risk into our governance
Each year, the Sustainability & Citizenship Committee of the Board meets with the president and CEO, the Board chair, and select vice-presidents across the group of companies, to discuss progress toward our sustainability embedment, challenges and future plans. The process of understanding climate risk, which is integral to these efforts, is overseen by the Sustainability & Citizenship and Risk & Compensation Committees, which typically meet annually.
Member organization sectors represented
Women on the Board
Target: 30% by the end of 2020; 50% by the end of 2025
Challenge: Deepening diversity and inclusion in our governance
We have surpassed our target of 30 per cent representation of women in our board governance, towards our longer-term goal of achieving gender parity on our Board and in our delegate pool. We have much further to go to ensure that a diversity of voices are present and well-represented in our governance structures. In the fall, the Board participated in a workshop with the Canadian Centre for Diversity and Inclusion (CCDI), a group with a wide range of experience working with a diverse cross-section of Canadian businesses.