MSCI, which provides market indexes and portfolio and risk management services, has a new report on the progress made toward greater representation of women on boards of directors. It’s not great news:
Of the 2,700 companies on MSCI’s All Country World Index, the percentage of firms that had at least one woman director increased only marginally. In 2017, 77.4 percent of companies on the Index had a woman seated on the board of directors; as of October 2018, that percentage was 78.7 percent.
Back in 2015, MSCI predicted that by 2027, companies on the Index would reach 30 percent representation of women on boards, but with these new numbers, it’s more likely that won’t be achieved until 2029.
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