Unpacking the landscape for women in leadership — including 1 bright spot
All Things Sustainable
Networking and the Importance of Championing Women in Leadership
The chapter explores the role of networking in women's advancement to leadership positions, highlighting the tendency of nominating committees to rely on existing networks dominated by men. It emphasizes the need for firms to actively search for diverse candidates and for men to consider a broader range of individuals when making hiring decisions.
In this episode of the ESG Insider podcast, we’re returning to the topic of gender diversity, exploring what the data shows us about the path to parity in leadership positions.
Most studies paint a discouraging picture, but new research from S&P Global finds that women could reach parity in senior leadership positions in the 2030s, among companies in the Russell 3000 Index. We speak to Daniel J. Sandberg, Head of Quantamental Research at S&P Global Market Intelligence, who conducted the data analysis for the research.
"It points to an emerging development and a bright spot amongst what may be an otherwise bleak background," Daniel tells us.
We also speak to Cynthia Devers about challenges on the road to gender parity in leadership positions. Cynthia is the R. B. Pamplin Professor of Management in the Pamplin College of Business at Virginia Tech University, where she has conducted research on women CEOs.
"The only way that I see of us getting out of that situation and trying to get closer to parity is by firms really making a commitment to it — and by shareholders voicing their opinions about it," she tells us.
You can read the latest research from S&P Global here: https://www.spglobal.com/esg/insights/featured/special-editorial/breaking-boundaries-women-poised-for-milestone-achievement-in-parity-amid-otherwise-bleak-outlook
You can read research from S&P Global Sustainable1 on women in CEO roles here: https://www.spglobal.com/esg/insights/featured/special-editorial/the-path-to-gender-parity
Listen to all the episodes in our Women in Leadership podcast series here: https://www.spglobal.com/esg/insights/featured/special-editorial/women-in-leadership
Read more research from S&P Global on gender diversity here: https://www.spglobal.com/esg/insights/featured/special-editorial/women-ceos-leadership-for-a-diverse-future
And here: https://www.spglobal.com/en/research-insights/featured/special-editorial/when-women-lead-firms-win
To learn more about what to expect from Climate Week NYC, listen to the ESG Insider podcast here: https://www.spglobal.com/esg/podcasts/what-to-expect-from-climate-week-nyc-2023
Learn more about the event S&P Global Sustainable1 is hosting during Climate Week NYC here: https://www.spglobal.com/esg/events/climate-week-2023?utm_source=web&utm_medium=podcast&utm_campaign=podcast
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