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Stantec recognized by Bloomberg Gender-Equality Index for championing inclusion in leadership, culture

02/18/2021 EDMONTON, AB; NEW YORK, NY TSX, NYSE:STN

For the second-consecutive year, global design firm Â鶹´«Ã½ was named to the 2021 Bloomberg Gender-Equality Index (GEI), a performance ranking of public companies committed to transparent gender-data reporting and advancing women¡¯s equality in the workplace. Based on five separate areas of data disclosure, the index includes 380 companies spanning 44 countries and 11 sectors of business.

¡°Ensuring we have a workplace that is diverse, inclusive, and dedicated to advancing the careers of all team members ¨C regardless of gender ¨C is critical to our company culture and industry,¡± said Asifa Samji, Â鶹´«Ã½ Chief Human Resources Officer. ¡°Our progression on the Gender-Equality Index validates our continued focus on creating a balanced workplace representative of the communities we serve.¡±

Companies included in the 2021 GEI voluntarily released their gender equality-related data in the following key areas: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. Organizations scoring above a globally established threshold are named to the GEI and results are published on the Bloomberg Terminal.

Stantec¡¯s participation in the GEI survey reflects its commitment to gender equity. Additional areas of commitment include the company formally endorsing the in 2020, a project of the United Nations Global Compact, and active involvement in the Global Compact Network Canada¡¯s Blueprint for Gender Equality Leadership in the Workplace.

Advancing Equality
Stantec¡¯s placement on the GEI follows a series of relevant company initiatives, activities, and reports on the organization¡¯s culture and workforce:?

  • Representation at Every Level ¨C On average, 34 percent of Â鶹´«Ã½ staff are female. Within the board leadership structure for the organization, 38 percent of Â鶹´«Ã½¡¯s current board members are female and 38 percent of the C-Suite positions are held by female leaders, including two C-suite women of color.?
  • Addressing Equitable Wages/Advancement ¨C In support of continuing fair compensation practices throughout the organization, Â鶹´«Ã½ is currently undertaking a global pay equity review process for its entire workforce. Results of the first phase, focused on North American operations, shows a base pay gap of only 3 percent on a median compa ratio basis. Pay equity disclosures in the United Kingdom are also completed as required by law.
  • Engaging Culture ¨C Currently, there are 33 Women@Â鶹´«Ã½ regional employee resource groups, which are company-sponsored grassroots teams created associated with company offices to promote gender equality and career development.
  • Industry Reputation ¨C The GEI is the most recent in a series of industry recognitions for Â鶹´«Ã½¡¯s attention to gender equity and/or advancing the role of female team members in the workplace. In 2020, Â鶹´«Ã½ was named to Forbes¡¯ list of America¡¯s Best Employers for Women and the award at the UK Water Industry Awards (i.e. one of three accolades earned by Â鶹´«Ã½ at the event).?

More information about Â鶹´«Ã½¡¯s corporate Inclusion, Diversity and Equity practices can be found on the company¡¯s website.

About Â鶹´«Ã½
Communities are fundamental. Whether around the corner or across the globe, they provide a foundation, a sense of place and of belonging. That's why at Â鶹´«Ã½, we always design with community in mind.

We care about the communities we serve¡ªbecause they're our communities too. This allows us to assess what's needed and connect our Â鶹´«Ã½, to appreciate nuances and envision what's never been considered, to bring together diverse perspectives so we can collaborate toward a shared success.

We're designers, engineers, scientists, and project managers, innovating together at the intersection of community, creativity, and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe.?

Investor Contact
Tom McMillan
Â鶹´«Ã½ Investor Relations
Ph: 780-917-8159
tom.mcmillan@stantec.com

Media Contact
Danny Craig
Â鶹´«Ã½ Media Relations
Ph: 949-923-6085
danny.craig@stantec.com

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