Fortune 500 Boards with at Least 30% Women and Minorities

Fortune 500 Boards with at Least 30% Women and Minorities

Proof Point

48% of Fortune 500 companies had more than 30% women and minorities on their boards in 2016, up from 31% in 2010

Fortune 500 Boards with at Least 30% Women and Minorities

Proof Point Findings

  • Women and Minority Representation – Almost half of Fortune 500 companies had over 30% women and minority directors in 2016, with close to one-fifth having greater than 40%
  • Increasing Board Diversity – Grew women and minority directors five percentage points from 26% (1,395 seats) in 2010 to 31% (1,677 seats) in 2016
  • Declining Share of Caucasian Men – Shrank 8% between 2010 and 2016, from 4,068 (74% of total) to 3,763 (69%)
  • Key Drivers – Include increasing recognition that differences in perspective, experience and culture promote innovation and better decision-making, heightening industry expertise of women and racial minorities as workplaces and educational institutions become more accessible to them, as well as growing need for companies to improve image among stakeholders and customers by becoming more inclusive

Market Disruption

Sector

Cross-sector

Source

Date Last Updated

March 20, 2017

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