9 DECEMBER2024W MAN LEADERGLOBAL W MAN LEADERGLOBAL NEWS BITESRecently, a report has published by Bloomberg Intelligence stating that women's representation has tripled in the boardroom since 2010 in majority of gender-diverse companies that are delivering higher shareholder returns in comparison to male-dominated boards.In addition, females made upto 26 percent of boards in the year 2023 which is an increased percentage from 9 Percent in 2010. This also underscores how regulations in Europe, US and Asia, compelling change are impacting global corporations.The report also mentions the top 20 percent of organisation having female board membership returned somewhere between 2 Percent - 5 Percent more than the bottom 20 percent in developed markets.Moreover, Adeline Diab, the Chief ESG Strategist of Bloomberg Intelligence stated, "Whether you believe that diversity is a moral imperative or not, at the end of the day, the higher performance linked to higher diversity shows it has a financial and business case. This should bolster D&I programs."Now, considering emerging markets, they were 2 Percent to 6 Percent less volatile as compared to their diversity laggards, as per the research. From Hong Kong to the European Union to Japan, the Global exchanges have all placed needs on organisation with an intent to diversify their boards between the present and 2030. WOMEN'S REPRESENTATION IN BOARDROOMS TRIPLES SINCE 2010 FINDS REPORT
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