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Gender diversity of European boards is correlated with higher credit ratings
March 2, 2020 (7.30mins)
Ana Rayes, Brendan Sheehan
Brendan Sheehan and Ana Rayes of the ESG team discuss the gender diversity of European corporate boards. According to their analysis, companies with high ratings have the largest proportion of women on their boards.​
ESG – Europe: Board-level gender diversity shows positive correlation with higher ratings
​​European companies with high ratings have the highest proportion of women on their boards. Board gender diversity peaks among A-rated companies at an average of 34%, progressively declining to 16% in the Caa rating category. France has the most diverse boards in Europe, with women accounting for an average of 42% of a company’s directors.​