While investors are split on the issue of adopting targets, support is growing for taking proactive steps to promote greater board gender diversity.
A majority of the world’s institutional investors believe gender diversity on corporate boards is important. But far fewer believe prescriptive targets are the right means for achieving that diversity.
That was a key finding of the RBC Global Asset Management Responsible Investment Survey in each of the past two years.
More than three-quarters of investors in the US, Canada, Europe and Asia said in 2018 that gender diversity on corporate boards was “important to their organisation”. The question changed in 2019, when we asked: “Should gender diversity targets be adopted?”
A slim majority (52%) of the approximately 800 insti
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