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[IWS] Catalyst: 2014 CATALYST CENSUS: WOMEN BOARD DIRECTORS [13 January 2015]
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2014 CATALYST CENSUS: WOMEN BOARD DIRECTORS [13 January 2015]
[see above link for additional data via Data Morphosis Group]
[full-text, 3 pages]
THE DATA MORPHOSIS GROUP--GENDER MAP [Global]
Press Release 13 January 2014
New Global 2014 Catalyst Census: Women Board Directors
Some Regions Ahead of Others. Incremental Progress Not Sufficient to Disrupt Status Quo.
NEW YORK (January 13, 2015)—For the first time, Catalyst takes its2014 Catalyst Census: Women Board Directors global, as the call for gender equality on boards grows worldwide. Created in partnership with The Data Morphosis Group, the new and expanded Census focuses on women’s share of board seats at stock market index companies across three regions and 20 countries, including the United States, Canada, Europe (14 countries), and Asia-Pacific (Australia, Hong Kong, India, and Japan).
Among the findings:
· North America: Women hold 19.2% of S&P 500 board seats in the United States; and 20.8% of S&P/TSX 60 board seats in Canada.
· Europe: Women’s share of board seats ranges from 7.9% in Portugal (PSI-20 index) to 18.5% in Germany (DAX index) to 22.8% in the United Kingdom (FTSE 100 index) to 35.5% in Norway (OBX index).
· Asia-Pacific: Women’s share of board seats ranges from 3.1% in Japan (TOPIX Core 30 index) to 9.5% in India (BSE 200 index) to 19.2% in Australia (S&P/ASX 200 index).
“We have evidence and optimism that closing the gender gap on corporate boards is possible, yet the current numbers are simply not good enough,” says Deborah Gillis, President & CEO, Catalyst. “Companies that are not making diversity on boards a priority should be embarrassed. Smart leaders know that they can either lead the movement toward making profound and lasting impact, or be left behind. The way of the past is not the way of the future.”
Diverse boards strengthen a company’s talent pipeline, and are correlated with more women Corporate Officers, increased financial performance, more innovation, and higher group performance. This we know. Research also shows a clear link between diversity and corporate social responsibility, and this is evidenced again in Catalyst’s new report, Companies Behaving Responsibly: Gender Diversity on Boards, which further highlights that what’s good for women is good for men, business, communities, and indeed, good for the world.
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