When corporate boards are more diverse, everyone wins; from consumers to employees to shareholders. A 2015 finding by MSCI found that companies with at least one woman on the board outperformed other companies of similar size by at least 5% from 2012 to 2014. Today, we’re beginning to see legislators getting involved in this particular gender diversity issue and in 2018 we saw California become the first state to require every publicly held corporation have at least one woman on its board of directors by the end of 2019. Several other states have also passed non binding resolutions encouraging corporations to better gender diversify their boards which will hopefully signify a positive change on the horizon.
Jennifer Litwak, Executive Director, Housing on Merit
Cynthia Daly, Head of Underwriting and Asset Management, Four Springs Capital Trust
Genevieve West, Director, Healthcare Services, Howard Building Corporation