NewYorkTimes

The Carlyle Group’s diversity effort is part of an “integrated approach to building better businesses,” said Carlyle’s chief executive, Kewsong Lee

The private equity firm Carlyle Group plans to announce on Wednesday a $4.1 billion credit line for its portfolio companies that will tie the price of debt to the diversity of a company’s board, the DealBook newsletter reports.

A bold proposal by the Nasdaq stock exchange early this month may give U.S. corporate boards the biggest nudge yet to seat diverse directors increasingly seen as key to both good business and social justice as investors across industries focus more on melding the two.

A slowdown in the pace of changemsci

MSCI ESG Research LLC has reported annually on the state of women’s representation on corporate boards since 2009. The 2020 progress report provides an overview of gender diversity at the corporate boards and C-suites of the 2,907 constituents of the MSCI ACWI Index as of Oct. 30, 2020.

...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.

The Coalition is powered by

factsetand Nasdaq Board Advantage

 @30PercentCo