BLOOMBERG: Institutional Investors Push for Board Diversity
29. Januar 2016
|Themengebiet||ESG (inkl. Nachhaltigkeit & Governance)|
We recently came across an interesting read on Bloomberg Business, which discusses the lack of gender and racial diversity amongst board members across North American. Below, we share some highlights from the article that indicate how greater board diversity and transparency are factors that the institutional community is pushing for and how an increase in board diversity can influence institutional investment decisions.
The author, Laura Colby, starts off by noting that the issue of board diversity is becoming an important issue in the minds of investors. In 2012, institutional investors that controlled a combined $417 billion in assets in the U.S markets noted that board diversity was a contributing factor to their investment decision. Two years later, the number of investors grew, with $578 Billion worth of asset holders that echoed the sentiment. Clearly, this is an important issue to a large portion of the institutional community.