The Financial Case for Gender Equality [Exerpt]
Research shows that women’s empowerment is connected to economic performance. The largest share of nations’ wealth comes from people: According to
Special appreciation to Boston Trust Walden as a founding member of the Thirty Percent Coalition and to Tim Smith in recognition of his long standing contribution as co-chair of the Coalition's Institutional Investor Committee
The number of companies appointing a woman to their board in the US has more than doubled to 85 since July 2018, thanks to a campaign by the Thirty Percent Coalition’s
The focus on the value of more diversity on corporate boards has specifically emphasized women, but not all women.
Numerous resources have been developed to help companies identify qualified women candidates for board seats, and as a result, gender representation is slowly increasing. Today, women represent 23% of S&P 1500 directors. However,
...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.
