30% Coalition

Initatives

Following a letter writing campaign by institutional investors and women's groups across the US in June of 2012 and February 2013, respectively, to zero companies in the S&P 500 and the Russell 1000 (total of 168 companies) which included signatories representing $1.2 trillion in assets, 14 of these companies have appointed a woman to their boards to date. This is the first time ever that institutional investors joined with women's groups across the US to push for change in the corporate landscape regarding increased female representation in the boardroom.


Download the Thirty Percent Coalition Letter

Initiatives

Last June, the Coalition sent a  letter to 41 companies within the S & P 500 Index that do not have women on their boards. Since that time, members of the coalition have been engaged in dialogue with several of those companies and have also filed shareholder resolutions with some of the companies, asking them to commit to gender diversity on their boards.


A similar letter has been sent to the 127 companies within the Russell 1000 – essentially the largest 1,000 companies in the U.S. – that do not have any women on their boards (see attached list). In the letter, the signatories cite studies demonstrating a correlation between greater gender diversity among corporate boards and management, good corporate governance and long-term financial performance.


Download the Thirty Percent Coalition Letter