Women on Boards: 2020 Progress Report

Research Paper
November 30, 2020
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MSCI ESG Research has reported annually on the state of women's representation on corporate boards since 2009. In 2020, we saw a noticeable slowdown in the rate of increase for female representation on boards, with a gain of only 0.6 percentage points among constituents of the MSCI ACWI Index. If the trend over the past four years continues it may take until 2029 for women to comprise 30% of corporate boards, and until 2045 to reach 50%.
Projections for Reaching 30% and 50% Women on Boards
Source: MSCI ESG Research LLC

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