Director Data Q2 2019
By Directors and Boards

Gender Diversity Progresses Slowly

In 2018, 85% of large company boards across 44 countries had at least one woman among their directors. But women hold only 20.4% of all director seats, up from 13.6% six years ago.

(Source: Egon Zehnder’s 2018 Global Board Diversity Tracker)

Directors Are Talking Environment

With high-impact weather events on the rise, natural resource scarcity increasing and the other looming impacts of climate change, boards of directors are facing intense pressure from stakeholders to get more involved in environmental sustainability governance.

Environmental sustainability conversations are happening among directors, and the discussions are expected to increase.

(Source: Diligent Institute’s  “Winds of Change: Environmental Sustainability Rises to the Board Level,” which  surveyed 447 directors, executives and subject matter experts.)

Powwows with the CIO Can Be Productive

An increase in dialogue between CIOs and directors “can lead to a more balanced mix of conversations about both risk and strategic opportunities.”

(Source: Deloitte’s CIO Guide to Engaging the Board

Too Focused on Management’s Views?

In 2018, directors spent nearly twice as much time reviewing materials from management as they allocated to reviewing relevant information from external sources, revealing a heavy dependence on management views and analysis in fulfilling their oversight duties. However, 53% of directors indicate that the quality of management reporting to the board must improve, suggesting that boards need better — not more — information from management.

(Source: the NACD Public Company Governance Survey)


Issue: 
2019 Second Quarter

Other related articles

  • Director Data Q2 2020
    Published April 21, 2020
    By Directors and Boards
    Leadership Independence for SV 150 Majority Voting for SampP 100Since 2002 Fenwick amp West has surveyed the corporate governance practices of the companies included in the Standard amp Poors 100 Inde ...
  • Top of Mind: Dawn Zier, Director, Hain Celestial Group and Spirit Airlines
    Published April 21, 2020
    By Dawn Zier
    As we emerge from the pandemic we will find permanent changes and shifts in the way we do business which will force management teams and boards to navigate a new normal From dislocation and disruption ...
  • Wargaming Risk: What Military Leaders Bring to the Table
    Published April 21, 2020
    By April Hall
    When the going gets tough its easy to fall back on language that refers to war Often people are on the front line or taking on a challenge is a battle Over the years the United States has waged war on ...
  • The Key Challenges Boards Face Now
    Published April 21, 2020
    By Punita Kumar-Sinha
    The COVID19 pandemic is just beginning to take off in India in late March Nonetheless the Indian government has undertaken a preemptive 21day lockdown to flatten the curve As a result companies are al ...