In recognition of 2021 International Women’s Day (with the theme Choose to Challenge), we take a quick review of Women on Corporate Boards and the strides that have been taken to enhance the inclusion of women in the board room. While gender is only one of the many facets of diversity, the under-representation of women on corporate boards remain a key area of focus for boards, investors, regulators. As boards seek to improve their effectiveness and consider how best it should be composed to enable them carry out their oversight roles amid rapid changes and shifting expectations, a number of factors such as diversity of skills, experience, age, background and gender becomes top of mind for a number of them.
In this article, we look at the current state of gender diversity on corporate boards, benefits to increased gender diversity and recommendations for women and boards.
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