In a split-decision, the SEC last week approved changes to the shareholder proposal process that have sparked thousands of comment letters and widespread concern among investors.
Recent events have triggered an unprecedented national conversation on racial injustice that also highlights the urgency of ensuring diverse perspectives and representation at all levels of decision-making in our country.
Publicly traded companies in the United States have been adding more diverse directors to their corporate boards than ever before.
In 2019, a record 59 percent of the directors added to the boards of S&P 500 companies were women or men belonging to a racial or ethnic minority group, up from 50 percent in 2018.
Driving diversity at corporations is a strategy that webelieve is directly linked to value creation and is a concrete action that investors can encourage.
Women's Equality Day commemorates the 100th anniversary of the ratification of the 19th Amendment, which guarantees American women the right to vote, and raises awareness about the importance of gender equality in all walks of life.
...we find that banks with more gender diversity on their board perform better once the composition of these boards reaches a critical level of gender diversity, corresponding to a board female share of around 13-17 percent.
The Coalition is powered by
Presskit
For news agencies
