Board diversity continues to be a focal point for corporate governance, yet new data shows shifting commitments among S&P 500 companies. Using MyLogIQ’s CompanyIQ® SEC research tool, we analyzed the latest disclosures to track how diversity, equity, and inclusion (DEI) policies are evolving at the board level in this new era of political discourse. A…
Companies have ramped up their pledges to increase diversity over the last few years, and while they largely may not see these programs as a risk, research shows there has been an uptick in litigation relating to diversity issues filed against U.S. companies since 2020. While experts highlight the many benefits companies reap from increasing…
Using CompanyIQ corporate governance data for the third year in a row, the National Association of Corporate Directors (NACD) profiles corporate boards in its annual review of public companies. Key findings include: The percentage of board seats occupied by women has slowly but consistently increased over time. This year, women accounted for 41 percent of…
The calls to diversify board leadership are justified for many reasons. First, it’s about time corporate leadership started looking like the rest of the employee base and the customers they serve. Second, diverse leadership can have a positive, cascading effect on inclusion and company culture. It has also proven to lead to better decision-making and more profitability. The…
This NACD Blue Ribbon report–The 2020 Update of the Diverse Board–uses CompanyIQ® corporate governance and diversity data to look at the critical ESG metric of diversity on corporate boards. This report was refreshed in 2020 from the original version published in 2012 with new data and guidance generated from more recent NACD Blue Ribbon Commissions…
The killing of George Floyd in police custody a year ago and the subsequent protests prompted pledges from U.S. business leaders: They would fight racism and work to recruit and promote Black and other minority employees. Now, more companies are putting money behind those pledges by tying executive compensation to specific goals. In January, Starbucks Corp. said it would give…
Mentions of diversity are featuring prominently in companies’ human capital disclosures this proxy season; however, most companies are staying mum on the numbers. An analysis of 10-Ks filed by big companies by mid-April shows that only about a third disclosed any workplace demographic data on race and ethnicity. Fewer still broke the data out into…
Kaycee Lai spent years in Silicon Valley trying to avoid calling attention to his ethnic identity. Early in his career, if he left work to get bubble tea, a Taiwanese drink, he’d tell his white colleagues he was getting coffee. When co-workers made comments about his race—such as suggesting that, as an Asian male, he…
Incremental Progress Toward Gender Parity CompanyIQ® ESG data indicates that the gender balance on corporate boards is continuing to improve. Thirty-nine percent of incoming directors were women, while 61 percent of incoming directors were In light of the gender break- down of departing directors—86 percent were men and 14 percent were women—this has made the…
If corporate life is a pyramid, for Black Americans, it is one with the steepest of peaks. Out of the chief executives running America’s top 500 companies, just 1%, or four, are Black. The numbers aren’t much better on the rungs of the ladder leading to that role. Among all U.S. companies with 100 or…