Pandemic shows ‘broader range of expertise’ is needed on boards
The ‘multidimensional impact’ of Covid-19 underlines the need for greater boardroom diversity, says the Institute of Business Ethics.
Image Andrey Popov/Shutterstock
The Covid-19 pandemic has helped crystallise the need to renew efforts on boardroom diversity, according to a report from ethics experts.
Researchers from the Institute of Business Ethics (IBE) say that while progress has been made on introducing gender diversity into the boardroom, the process has not reached its full potential and there are lessons to be learned in the drive for other forms of diversity.
Reflecting on the effects of the pandemic on boards, the IBE report suggests it has thrown a spotlight on the relationship between companies and their stakeholders and this, in turn, has increased the need for corporates to ensure the
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
LGIM backs calls for ‘say on climate’ shareholder votes
Legal and General Investment Management (LGIM) wants companies to put their climate policies to a vote for investors.
-
Governance chief calls for ‘increased focus’ on UK corporate culture
The chairman of the UK's governance watchdog says improved corporate culture will increase "connectivity to society" for UK companies.
-
FRC says climate disclosures are ‘failing to meet investor expectations’
Review finds corporate reporting reveals "little evidence" that business models and strategy are being influenced by climate considerations.
