Diversity on North American Boards – Now and Into the Future
November 7, 2022
- According to ISS ESG’s Governance Data solution, a majority of S&P 500 companies are reporting that more than 1/3 of their board positions are occupied by women. Women also serve in key leadership roles on the boards of more than 75% of the S&P 500.
- Over the last year, board racial and/or ethnic diversity has visibly improved, from 95% to 99% of S&P 500 companies having at least one board member from a relevant category.
- Voluntarily disclosed Equal Employment Opportunity Commission data suggests that the pipeline of underrepresented individuals in executive and senior-level positions across gender and racial and ethnic diversity may be limited, however.
- Investors seeking to improve their portfolio’s impact on diversity can conduct outreach and dialogue with companies underperforming in this area.