Diversity-at the board and leadership levels-matters

By Erica Salmon Byrne

Erica Salmon Byrne (erica.salmonbyrne@ethisphere.com) is the Executive Vice President of The Ethisphere Institute.

In February, Ethisphere announced its 13th annual cohort of World’s Most Ethical Companies (WMEC)® honorees. One trend stood out to me clearly: the substantial gender diversity on the boards and management teams of this year’s group.

These companies continue to pave the way for more inclusive workplaces. Among the 2019 honorees, women hold over a quarter (28.1%) of the director positions. This proportion is striking when comparing the gender gap relative to other companies; only 21.1% of the S&P 500 seats are held by women, and the proportion only goes down from there. Indeed, in Deloitte’s 7,000-company study of Women in the Boardroom,[1] women held only 15% of board seats. In addition, one quarter of the average WMEC honoree’s leadership team comprises women, compared to a CNNMoney analysis showing women hold just 5% of the CEO jobs in the S&P 500, 16.5% of non-CEO executive roles are held by women,[2] and only 10% of 5,700 chief executive officers and chief financial officers at S&P’s Composite 1500 stock index companies are women.[3]

This document is only available to members. Please log in or become a member.
Become a Member Login
 


Would you like to read this entire article?

If you already subscribe to this publication, just log in. If not, let us send you an email with a link that will allow you to read the entire article for free. Just complete the following form.

* required field

First name field cannot be blank!
Last name field cannot be blank!
We will send you an email that will give you access to this entire article.
Email field cannot be blank!
Enter a valid email!
Company field cannot be blank!
Enter a valid company!
Title field cannot be blank!

We're committed to your privacy. The Society of Corporate Compliance and Ethics (SCCE) & Health Care Compliance Association (HCCA) uses the information you provide us to contact you about our relevant content, products, and services. For more information, check out our Privacy Policy.


About SCCE

The Society of Corporate Compliance and Ethics (SCCE) is a non-profit, member-based professional association. SCCE supports our members' work with education, news, and discussion forums. We are a community of leaders, defining and shaping the corporate compliance environment across a wide range of industries and geographic regions. In developing and maintaining effective ethics and compliance programs, our members strengthen and protect their companies.

952.933.4977

About HCCA

The Health Care Compliance Association (HCCA), is a 501(c)6 non-profit, member-based professional association. HCCA was established in 1996 and is headquartered in Minneapolis, MN. We provide training, certification, and other resources to over 10,000 members. Our members include compliance officers and staff from a wide range of organizations, including hospitals, research facilities, clinics and technology service providers.

952.988.0141

Facebook X LinkedIn
Copyright © 2024 by Society of Corporate Compliance and Ethics (SCCE) & Health Care Compliance Association (HCCA). No claim to original US Government works. All rights reserved. All information provided through this site, including without limitation all information such as the “look and feel” of the site, data files, graphics, text, photographs, drawings, logos, images, sounds, music, video or audio files on this site, is owned and/or licensed by SCCE & HCCA or its suppliers and is subject to United States and international copyright, trademark and other intellectual property laws. Any third party logos and/or content provided herein is owned by such third parties and is used by permission herein. Your use of this site to is subject to our Terms Of Use and Privacy Statement.
Cookie settings