The 50-30 Challenge – Canada’s LGBT+ Chamber of Commerce
The CGLCC applauds the federal government’s recent announcement of The 50 – 30 Challenge: Your Diversity Advantage. This initiative brings the federal government together with corporate partners, community organizations, equity seeking groups, and expert researchers to advance gender equity and diversity in leadership across Canada by helping to accelerate diversity strategies already underway and assisting other organizations in improving practices.
The challenge is rooted in two aspirations – Gender Parity (“50%”) and Significant Representation (“30%”) of other under-represented groups (racialized persons, Indigenous peoples, persons with disabilities and members of the LGBT+ community) on Canadian Board(s) and senior management. The challenge will use differentiated approaches to measure progress and targets recognizing the unique needs of various sectors, organization types and sizes as well as offering a range of supports for the specific needs of small and medium enterprises (SMEs).
Regardless of where you are on your diversity and inclusion journey, you can signal your commitment to moving forward by joining the challenge. While it is not a magic solution, organizations have shown that harnessing diversity and inclusion has enabled them to attract the best and the brightest, develop new products and services, access new markets, drive innovation, support engagement and performance and mitigate risk.
COVID-19’s devastating impacts have been uneven and exposed and exacerbated inequality in Canada. In spite of the havoc it has wrought, we have seen with the pandemic that things people thought impossible are possible. We encourage you to accept the 50-30 Challenge by signing on using the link below.