Bringing greater diversity to the boardroom is a trending topic in governance circles everywhere these days.
Fueled by rising awareness of racial and gender inequalities, activist investors and a dozen states enacting new laws requiring boards to diversify, there is also a profound business shift underway. Boards are expanding their narrow focus on shareholder value alone to consider the broader concerns of all stakeholders, the customers, employees and partners in the company’s orbit.
Increasingly, investors are looking at companies through an environmental, social, and governance (ESG) lens, too.
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(Insider Story)
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Source: News