Recent progress in increasing gender diversity on corporate boards and leadership teams has been steady but unspectacular. Much remains to be done, especially when it comes to raising the very low percentage of women in powerful senior executive roles.
The first Global Gender Diversity report published by Altrata — and the third powered by BoardEx data — examines the level and nature of female representation on the boards and leadership teams of more than 1,600 major publicly companies across 20 countries around the world.
The third edition of the BoardEx Global Gender Diversity Report uncovers numerous key findings, including:
- Gender diversity at the top of a company appears to make a real difference: companies with female CEOs or chairs tend to have greater gender diversity on their boards and leadership teams than those with male CEOs or chairs
- Nine of the top 24 companies by female board membership operate in financial services and four in media and entertainment
- Female board members are younger on average than their male counterparts
- On average, female board representation is greater in countries with mandated or voluntary quotas for women on boards
- Among the Global 20’s major listed corporations, 81 had all-male boards in comparison to zero all-female boards as of June 2022
- At 44%, France had the highest share of female board members in the first quarter of 2022, ahead of Italy and the UK with just under 40%
The report also includes insight into the companies making the most progress to achieve gender balance on their boards including US biotech firm Organon, UK Beverage company Diageo, and Dalata Hotel Group in Ireland.
Download Global Gender Diversity 2022 here to view the complete findings.