“We’re proud to partner with WBC to bring this initiative to life and shed light on the gender equity gap in business and its impact on performance.” "When it comes to building diverse board and executive teams, giving leaders visibility into best practices from other organizations is key to shifting intention into action,” said Lisa Edwards, President and COO of Diligent and board director at Colgate-Palmolive. The goal is to ensure that corporate purpose is directly linked to diversity, equity, and inclusion in business leadership. The initiative also will examine the state of DEI and ESG reporting in public companies across the Fortune, S&P and Russell indexes. 2021 was a watershed year for board diversity with women holding 27% of all board seats, up from 24% in 2020, the largest one-year increase among the Russell 3000 to date. The study details the status of women on public and private boards. One area of focus will be the composition of boardrooms across industries documented in the WBC ongoing survey Women Leading Boards. In addition to Diligent, more than 28 public and private companies of purpose including 14 led by women (50%) have joined the initiative: ACLI (association), Akamai, CBRE, CISCO Systems, Diversified Search Group, General Motors, IBM, Knock, Kolar, Modere, New York Life, Omega World Travel, Pinnacle Global Network, Raytheon Technologies, Sanofi, Signet, SNT BioTech, Sodexo, Storyville Gardens, Sunny Days, Syndio, Tata Consultancy Services (TCS), Verizon, Wilmington/M&T Bank Corporation, and Zoetis. By identifying and compiling a list of best practices in this area, we will empower organizations to develop and execute strategic and innovative ideas with tangible and practical tools and programs that will improve position, pay, and power for women and women of color in business. “Great leaders are stepping forward to put diversity and accountability at the heart of business - building more transparent organizations. “We’re proud to launch the Companies of Purpose Initiative with Diligent,” said Edie Fraser, CEO of the WBC. It will share and scale ways to influence action and change in the “social” aspects of ESG including programs related to staffing, brand, and community. The Companies of Purpose Initiative will identify best practices of purpose-driven leadership to improve diversity, equity, and inclusion (DEI) in position, pay and power. Washington, DC JWomen Business Collaborative (WBC), and lead sponsor Diligent, today announce a new strategic initiative focused on closing the gender equity gap in business. MIM is the University meeting information manager for publishing and accessing various University and faculty committees including Academic Board and its sub-committees.Īccess records held in the custody of University Governance.25+ Companies Have Joined the Initiative to Close Gender Equality Gap in Business ![]() ![]() Get secure digital access to meeting papers for Council, Council Committees and University Executive Committee. Naming Proposals for University Propertyĭetails on the procedure for naming University property and on submission dates for naming proposals.Information on the process for nominating Honorary doctorates, and approval by Council on the recommendation of the Governance and Nominations Committee. Nominations and announcements for elected staff membership of University Committees. Elections for University Committee Members.Check here for a set of resources setting out how the University is governed.ĭetails and records of the Council, Academic Board, University Executive and Advisory Groups to Chancellery.
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