Saturday November 1, 2014

More female board directors add up to improved sustainability performance

Companies with one or more females on their boards are significantly more likely to have improved sustainability practices, finds a new study co-sponsored by KPMG and Women Corporate Directors.

ScienceBlog.com cites a new study, titled “Women Create A Sustainable Future,” which found that companies with one or more females on their boards of directors are significantly more likely to have improved sustainability practices. “To measure corporate performance,” the website notes, “the authors reviewed each organization’s [Environment, Social and Corporate Governance, or ESG] performance. Environmental criteria include steps to improve energy efficiency of operations, to measure and reduce carbon emissions, the reduction of packaging, and investment in renewable power generation.” The study was co-sponsored by KPMG and Women Corporate Directors.

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