Common use of Measurable objectives Clause in Contracts

Measurable objectives. The Board is required to establish measurable objectives for achieving gender diversity and may choose to establish such objectives in relation to other aspects of diversity. On an annual basis, the Board will review these objectives and any progress made towards achieving them. Additionally, the Board, or an appropriate Board committee, will annually review and report on the placement of men and women in the Company's workplace, their relative proportions and the roles in which they are employed. The Board will establish the following measurable objectives: (a) an internal review mechanism that assesses the effectiveness of the diversity policy; and (b) appropriate workforce representation targets or other measurement tools that will identify the achievement of gender diversity objectives. In addition, the measurable objectives may include: (a) developing and implementing a diversity plan; (b) reviewing recruitment procedures; and (c) reviewing female participation in leadership development initiatives.