LOGO ProxyPreview 2021The Proxy Preview team today released highlights of the unprecedented 2021 proxy season, which saw nearly three dozen majority votes for disclosure and action on environmental, social, and sustainable governance (ESG) shareholder resolutions.

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Why are public companies facing shareholder proposals on topics related to board gender diversity?

Because the numbers just don’t add up.

Women are rising to the highest levels of government in many countries, advancing to executive ranks at top corporations,

...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.

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