How Board Diversity Can Contribute to Board Effectiveness
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Corporate Board Practices

A TCB Benchmarking Release

How Board Diversity Can Contribute to Board Effectiveness

/ Report

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The reported level of diversity on US corporate boards seemed to be reaching a plateau even before litigation challenging corporate diversity programs in the wake of the Supreme Court’s decision in Students for Fair Admissions, Inc. v. President and Fellows of Harvard College. In the current environment, it is critical for boards to have a clear consensus on how diversity and commonality among directors contribute to effectiveness. This report addresses the current state of diversity in boardrooms and provides insights on how to maximize the benefits of a diverse board.

For more insights on corporate board practices in 2023, see:

Each of these reports features data from analytics firm ESGAUGE and was produced with the support of Debevoise & Plimpton, the KPMG Board Leadership Center, Russell Reynolds Associates, and the John L. Weinberg Center for Corporate Governance. To access and visualize the latest corporate board practices and trends by market index, business sector, and company size, visit our live, interactive dashboard.

The reported level of diversity on US corporate boards seemed to be reaching a plateau even before litigation challenging corporate diversity programs in the wake of the Supreme Court’s decision in Students for Fair Admissions, Inc. v. President and Fellows of Harvard College. In the current environment, it is critical for boards to have a clear consensus on how diversity and commonality among directors contribute to effectiveness. This report addresses the current state of diversity in boardrooms and provides insights on how to maximize the benefits of a diverse board.

For more insights on corporate board practices in 2023, see:

Each of these reports features data from analytics firm ESGAUGE and was produced with the support of Debevoise & Plimpton, the KPMG Board Leadership Center, Russell Reynolds Associates, and the John L. Weinberg Center for Corporate Governance. To access and visualize the latest corporate board practices and trends by market index, business sector, and company size, visit our live, interactive dashboard.

Author

Merel Spierings

Merel Spierings Merel Spierings

Former Senior Researcher, Governance & Sustainabil…
The Conference Board

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