MAKING GAINS IN REPRESENTATION
We are proud of the representation gains we have made to-date. As of October 31, 2023, our workforce was comprised of 59% women, 41% Black, Indigenous or racialized persons, 7% Persons with Disabilities and 2% persons who identify as 2SLGBTQIA+. Our Executive team consists of 33% women (target of 30%) and 17% Black, Indigenous or racialized persons (target of 5%).
WORKFORCE REPRESENTATION
Team member diversity
2023
2022
Women
59%
60%
Black, Indigenous or racialized persons
41%
33%
Persons with Disabilities
7%
6%
Persons who identify as 2SLGBTQIA+
2%
N/A (1)
(1) Not reported in 2022.
Leadership diversity (2)
2023
2022
Women in senior leadership positions
27%
28%
Black, Indigenous or racialized persons in senior leadership positions
29%
19%
Persons with Disabilities in senior leadership positions
4%
2%
(2) Senior leadership positions comprise Executives and Senior Management.
FEDERAL PAY EQUITY
As a federally regulated employer, CWB is on track to meet the obligations of Canada’s Pay Equity Act. In accordance with these new regulations, a Pay Equity Committee was selected in August of 2023 and is comprised of seven members and four alternates. The Committee spent time in September onboarding and receiving training on Pay Equity. Work is currently underway to establish a Pay Equity plan to eliminate any systemic gender-based discrimination in compensation practices. After completing the plan, we expect to share a draft plan with the organization in 2024 and publish the final Pay Equity plan by late fiscal 2024.
Over 50 years (2022 - 27%)
Under 30 years (2022 - 13%)
AGE OF OUR WORKFORCE
30 to 50 years (2022 - 60%)
48 2023 SUSTAINABILITY REPORT AND PUBLIC ACCOUNTABILITY STATEMENT
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