Stantec Places on The Globe And Mail’s Women Lead Here Benchmark Of Executive Gender Diversity
Stantec, a global leader in sustainable design and engineering, celebrates being recognized in The Globe and Mail’s 2022 Report on Business Women Lead Here list. For the 2022 ranking, Report on Business conducted a journalistic analysis of nearly 500 large, publicly traded Canadian companies, 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.
“We are pleased to be included on the Globe and Mail’s Women Lead Here list. While the effort to realize gender diversity, specifically at a leadership level is ongoing, it is important to celebrate the recognition of Stantec’s efforts and improvements,” says Asifa Samji, Stantec’s chief human resources officer. “The recognition of Stantec’s progress could not be achieved without the focus and work of all our employees who strive every day to make our organization increasingly inclusive, and diverse.”
In total, 74 companies earned the 2022 Women Lead Here seal, with a combined average of 46 per cent of executive roles held by female-identifying individuals.
This annual editorial benchmark identifies best-in-class executive gender diversity in corporate Canada. Established in 2020 by Report on Business magazine, the Women Lead Here initiative applies a proprietary research methodology to determine Canadian corporations with the highest degree of gender diversity among executive ranks. This initiative highlights businesses that have made tangible, systemic, organizational progress related to executive gender parity.
Stantec again achieves top ranking for sustainable performance from Corporate Knights and fourth consecutive A- rating by CDP
Corporate Knights ranked Stantec 1st in its Professional, Scientific, and Technical Services peer group, 1st in the Construction and Engineering Global Industry Classification Standard, and 17th overall in the Corporate Knights Global 100 most sustainable companies rankings.
Stantec has also been awarded an A- rating by CDP, making it the only firm in the engineering and design industry to earn a “Leadership” rating for the last four consecutive years. The firm was among more than 13,000 disclosing companies worldwide reporting to CDP in 2021.
Stantec recently validated its emissions reduction targets for scope 1, 2 and 3 greenhouse gas emissions through the Science Based Targets initiative. The targets are consistent with reductions to keep warming to 1.5°C to prevent the most damaging effects of climate change.
Stantec also remains top of class in the engineering and design space across other sustainability ranking systems, including Sustainalytics, MSCI, and ISS ESG, and was recently one of 45 companies awarded the inaugural Terra Carta seal for driving innovation and momentum towards a genuinely sustainable market by His Royal Highness, the Prince of Wales.