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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