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The sustainable investor for a changing world

Canoe down a river

For a second successive year BNP Paribas Asset Management has published the results of its global study on female board membership, ahead of the 2023 AGM season. Board diversity is a source of financial outperformance and helps to create sustainable value. For this reason, improving gender diversity is a major focus of BNPP AM’s voting and engagement policy, which is being strengthened further this year.
 
Michael Herskovich, Global Head of Stewardship at BNP Paribas Asset Management, comments:

“Geographic differences should be viewed in the context of economic, socio-cultural and regulatory factors. Companies with large market capitalisations tend to integrate diversity issues more easily than smaller companies. Similarly, the existence – or absence – of legally-imposed quotas, as we have recently seen in Europe, also impacts the growth of female board membership.”

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Please note that articles may contain technical language. For this reason, they may not be suitable for readers without professional investment experience. Any views expressed here are those of the author as of the date of publication, are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may take different investment decisions for different clients. This document does not constitute investment advice. The value of investments and the income they generate may go down as well as up and it is possible that investors will not recover their initial outlay. Past performance is no guarantee for future returns. Investing in emerging markets, or specialised or restricted sectors is likely to be subject to a higher-than-average volatility due to a high degree of concentration, greater uncertainty because less information is available, there is less liquidity or due to greater sensitivity to changes in market conditions (social, political and economic conditions). Some emerging markets offer less security than the majority of international developed markets. For this reason, services for portfolio transactions, liquidation and conservation on behalf of funds invested in emerging markets may carry greater risk.