Gender parity into copy
What if gender parity is out of reach for corporate boards?
The animated chart shows when gender parity might be achieved on the boards of publicly traded companies, based on three different scenarios. If the rate of increase in recent years continues (business as usual), it could be 2044 before there are equal numbers of men and women on corporate boards. To achieve the goal faster would require increasing the number of board seats that open up each year and/or appointing women to a higher percentage of the seats that become available.
Gender parity video
00:00 – Current percentage of women on boards
00:06 – Gender parity reached by 2030 if WOB increased linearly by 2.8%
00:11 – Gender parity reached by 2040 if WOB increased linearly by 1.4%
00:19 – Gender parity reached by 2044 if WOB increased by current linear avg. rate of 1.2%
Gender parity chart description
The percentage of women on boards of constituents of the MSCI ACWI Index has increased by an average of 1.2% year-over-year from 2016 to 2019 (as of Oct. 31, 2019). The business-as-usual projection assumes that pace continues in the decades ahead. To reach parity by 2040 would require a year-on-year increase of 1.4% per year (2040 parity scenario), while to reach parity by 2030 would require an increase of 2.8% per year (2030 parity scenario).
Our research has found that companies with a critical mass of women on the board have been more likely to manage talent effectively, receive recognition as innovators and have strong financial performance than peers with less diverse boards. Many institutional investors have also focused on boards’ gender diversity as a marker of progress toward overall gender equality. While each year we have identified fewer companies with all-male boards, most remain male-dominated.