With social inequality gaining prominence ahead of the 2021 proxy season, investors and other stakeholders are increasingly vocal about the need for greater diversity in corporate boardrooms. Our most recent study of gender diversity on boards found that progress in this area is slowing. But there are bright spots: Some companies that achieved three women on their boards have managed to sustain that diversity for at least three years.1
Among the 1,290 (44.8%) MSCI ACWI Index constituents2 that had at least three female directors, only 547 (19.0%) have sustained this level of board diversity for at least three years, our study found.
You can now read the full whitepaper at the link below