Six recommendations for Becoming a More Diverse and Inclusive
With renewed attention to racial
inequity, more and more companies are announcing initiatives aimed at promoting
diversity and inclusion in the boardroom.
While driving gender diversity
has been a major focus for boards in recent years — the share of women joining
S&P 500 boards has more than doubled in the past 10 years — progress has
been much slower for people of color. Between 2010 and 2020, female
representation among new S&P 500 directors grew from 21% to 47%; over that
same period, new minority director representation increased by just 10
percentage points to 22% in 2020 — attaining the same level of representation
women reached 10 years ago.
Read the Board Diversity