REDWOOD CITY, CA (February 14, 2018)—Based on the current rate of growth, gender parity is now expected to be achieved by 2048, according to the latest Equilar Gender Diversity Index (GDI). This figure has been updated from an Equilar estimate in 2017 that did not have parity achieved until 2055.
The progress made toward gender parity is a meaningful step on the path to more diverse representation in corporate boardrooms more generally, but there is still a long way to go. As of December 31, 2017, the Equilar GDI was at 0.33, meaning that just 16.5% of board seats at Russell 3000 companies belonged to women. That figure increased from 16.2% a quarter earlier.
Other key findings from this quarter's report include:
The percentage of Russell 3000 boards that are all-male has dropped to 20.8% from 22.5% a year earlier.
Boards of larger companies tend to have more women-for example, 22.5% of Fortune 500 board seats are female.
At the end of 2017, 32 boards had reached gender parity, up from 27 a quarter earlier. The list of boards that had 50% or more representation of women as of December 31, 2017 may be found here: www.equilar.com/blogs/361-boards-will-reach-gender-parity-by-2048.
You may request a complimentary executive summary of additional findings in this quarter's Gender Diversity Index. Use the comments section to request additional data on board composition or information from on the Equilar BoardEdge platform and the Equilar Diversity Network.
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