[Ws2-diversity] Gender Diversity on European boards: Realizing Europe’s Potential: Experiences and Best Practices

[Rafik Dammak]

Hi Lousewies,

Thanks for sharing this report.
do you mean the ICANN nomcom or that includes also other mechanisms in
SOs/ACs such election?

Best,

Rafik

2016-10-23 2:01 GMT+09:00 Lousewies Vanderlaan <
lousewies.vanderlaan at board.icann.org>:

> Please find below the executive summary of a recent report on women on
> European boards and a link to the full report.  There is a key role for
> nominating committees.
> Happy reading,
>
> Lousewies
>
> EXECUTIVE SUMMARY
>
> Realizing Europe’s Potential: Experiences and Best Practices, is a
> qualitative study on board gender diversity, based on interviews with
> twenty important business and governance leaders from across Europe,
> comprised of board members from large listed companies, institutional
> investors, and others. Key ndings include:
>
>    1.
>
>    Both European companies and investors are increasingly convinced that
>    a well-diversi ed board adds value to the company. Board members from
>    di erent backgrounds are more likely to approach issues from a broader
>    variety of perspectives, leading to less ‘group-think’, more thorough
>    decision- making and more e ective supervision. This applies to all types
>    of diversity but board gender diversity continues to be an important area
>    of focus.
>    2.
>
>    There is a growing body of evidence which makes the business case that
>    board gender diversity can provide a competitive advantage. Companies
>    with higher levels of board gender diversity can outperform in terms
>    of employee productivity, innovation, customer reach, talent retention and
>    risk management, by gender diverse boards setting the tone at the top in
>    terms of strategy and culture. Diversity in the organization based on
>    gender and other factors is increasingly seen as a key driver of
>    sustainability for the long-term.
>    3.
>
>    In addition to implementing best practices to improve overall Board
>    gender diversity, many European companies are now sharpening their focus on
>    developing the executive leadership pipeline for women. They are setting
>    targets and implementing measurement frameworks to monitor and report on
>    progress.
>    4.
>
>    Board gender diversity provides a governance and management quality
>    signal for an increasing number of mainstream institutional investors.
>    Recent positive developments in disclosure and the quality and availability
>    of data relating to gender and other aspects of diversity, is enabling
>    investors to better factor diversity into investment analysis and decision
>    making. Investors exercising their active ownership and stewardship
>    responsibilities are increasingly factoring board gender diversity into
>    their engagement and/or voting policies.
>    5.
>
>    Investors report that the focus on gender diversity has contributed to
>    a higher standard of professionalism by encouraging the nomination committee
>    to more fully consider the board’s needs in terms of the balance of
>    skills
>    and experience. The focus on gender diversity has been combined with a
>    push for increased international diversity, younger candidates and more
>    diverse pro les with skills often linked to the emerging challenges faced
>    by companies.
>
> http://www.womenonboard.be/sites/default/files/EWoB-qualitative-WEB-3[4]-July
> 2016.pdf
>
>
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