While progress continues to be made, hundreds of US public companies still have an all-male board of directors. Only about 10 percent of S&P 500 companies explicitly disclose individual directors’ race (ethnicity), and 8 out of 10 of those board members are white.
any CEOs who make gender diversity a priority—by setting aspirational goals for the proportion of women in leadership roles, insisting on diverse slates of candidates for senior positions, and developing mentoring and training programs—are frustrated. They and their
Driving diversity at corporations is a strategy that webelieve is directly linked to value creation and is a concrete action that investors can encourage.
By promoting divergent viewpoints, board diversity contributes to more deliberative decision-making processes and more effective governance.
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