March 27, 2024 – WCM is pleased to announce that AIMCo has signed its Parental Leave Pledge. Launched in June 2022, the WCM Parental Leave Pledge lists seven key commitments that finance organizations can take to ensure that leave policies and practices are more inclusive for all parents.
This brings the list of organizations demonstrating their commitment to destigmatizing parental leaves for fathers and non-birth parents and equalizing childcare responsibilities which are necessary prerequisites for equity in the workplace to 25.
Thank you to AIMCo for your commitment to accelerating equitable parental leave policies — this is a crucial step for greater equity, diversity and inclusion.
Equitable Access to Caregiving
The Pledge was created in response to WCM’s research that showed gender inequalities in caregiving are one of the many contributing factors to gender inequality in the workplace. When the burden of child care falls entirely on women’s shoulders, this often leads to slower career progression, career downgrading, or off-ramping entirely.
As stated in our research report The Parent Potential, “For women to participate equally at work, we need to make it possible for men to participate equally at home”. This means adequate leave options, paths to return to work and a culture of encouragement for all parents without stigmatization.
Organizations that have Signed The Parental Pledge
The 25 organizations that have signed the Pledge are listed below:
AIMCo
ATB Financial
Aviso Wealth
Bitbuy
Canaccord Genuity Corp.
CPP Investments
Desjardins
DBRS Morningstar
Franklin Templeton
IG Wealth Management
Investment Planning Counsel
IMCO
KPMG
Laurentian Bank
Mackenzie Investments
Manulife
MUFG
Onex
OPTrust
PSP Investments
PwC
Raymond James
Scotiabank
TMX Group
Vlaad & Company
Let’s work together to normalize parental leave for all. If your organization is interested in Signing the Pledge, or if you would like additional information, contact WCM’s COO, Odette Hutchings.
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