Press Release

Willis Towers Watson joins effort to help Canadian businesses increase the number of women in leadership positions

June 4, 2018
| Canada

TORONTO, ON, June 4, 2018 — Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, announced today it has partnered with Women in Governance to support its Gender Parity Certification program. The Parity Certification was established in 2017 with the support of L’Ordre des conseillers en ressources humaines agréés (CRHA) to help Canadian businesses increase the representation of women in leadership positions.

The gender parity certification is an innovative standard that looks at parity not only in corporate decision-making bodies but also in succession planning and the implementation of mechanisms to enable women at all levels of an organization to advance their careers. Willis Towers Watson will act as a certification partner and is proud to support the core foundation of the program, which aims to:

  • Raise companies’ awareness about the importance of gender equality and the complementarity of talent.
  • Increase senior executives’ awareness about the positive impact of diversity, including the presence of women in decision-making bodies, financial performance, brand and corporate culture.
  • Encourage women to develop their leadership skills, further their careers and aspire to become board members.
  • Include men of all levels in the journey, so they also feel invested rather than simply bystanders.

“Research has repeatedly shown that men and women hold different workplace values,” said Brian Parsons, head of Canada at Willis Towers Watson. “The work factors women find most valuable include relationships, respect, communication, fairness, equity, collaboration and work/life balance. I believe that keeping these values prominent in how businesses are run makes a profound difference for organizations, which is why I am thrilled that we are announcing our partnership today with Women in Governance.”

"If every employer would require recruiters to submit as many female candidates as male candidates, if we stopped asking female candidates about their current salary so as not to perpetuate wage gap patterns, if every business leader were to forbid an employee from joining a board with only male members — these might seem like small gestures, but if combined with robust human resources policies for gender equality, the impact would be substantial for achieving gender parity in Canada," said Caroline Codsi, president and founder of Women in Governance.

About Willis Towers Watson

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has over 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

About Women in Governance

Women in Governance is a nonprofit organization founded in 2010 with the mission of supporting women in their leadership development, career advancement and access to board seats. The alarming statistics on the number of women in senior positions or serving on boards of directors motivated the creation of this organization.

The Women in Governance team established the first Parity Certification program in Canada in 2017. To apply for this certification (70 questions), companies must first answer a brief pre-qualification questionnaire: https://www.lagouvernanceaufeminin.org/en/.