The murder of George Floyd galvanized the need for racial reform and equity in the U.S., and boards have been listening. Data from the consulting firm ISS Corporate Solutions reveals that between July 2020 and May 2021, 32% of individuals newly appointed to the corporate boards within the country’s largest…
Tag: parity
Committee on Financial Services Finds Need for Transparency, Improvement in Large Banks’ Diversity Practices
The U.S. House Committee on Financial Services under congresswoman Maxine Waters issued a report this month that summarizes the Committee’s review of the diversity and inclusion practices in the U.S.’s largest banks. It found that although banks and other financial services firms tout their diversity and inclusion policies, the sector…