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WFP earns Globe & Mail’s Women Lead Here recognition

Western Forest Products Inc. on March 25 announced that it has earned a spot on the 2022 Report on Business Women Lead Here list, an annual editorial benchmark identifying 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.

“We are proud to have one of the most gender diverse board and executive management teams in the industry,” said Jennifer Foster, senior vice-president, corporate affairs and human resources, Western Forest Products. “As we celebrate this recognition of women in leadership roles, I would also like to acknowledge the valued contributions of all of the women on the Western team. As we continue our journey towards enhancing diversity, equity and inclusion at Western, we are working to increase the representation of women at all levels across the company as one step in our broader strategy of fostering a diverse and inclusive workforce.”

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.

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.

The full list of 2022 Women Lead Here honourees can be found in the April issue of Report on Business magazine, distributed with The Globe and Mail on Saturday, March 26th, and online now at tgam.ca/WomenLeadHere.

The strategies and ideas of winning companies will also be showcased at the Women Lead Here webcast, taking place on March 30, 2022. Event details and registration information are available at www.globeandmail.com/events.