The 30% Club is driving gender diversity in leadership roles, setting the stage for a more inclusive and effective corporate world.
The 30% Club is a global campaign aimed at boosting female representation in leadership roles, particularly in boardrooms and the C-suite, to at least 30%, with the ultimate goal of achieving gender parity (50:50 representation).
Beyond social and ethical considerations, empirical evidence suggests that diverse boards enhance decision-making, which is crucial for sustainable business practices.
Why 30%?
The 30% target, initially an aspirational goal when women represented only 12% of FTSE 100 boards in 2010, marks the critical mass necessary for minority voices to impact boardroom dynamics.
It is a minimum objective with the ultimate aim of achieving gender balance or parity.
Increasing female leadership aligns with ESG principles, particularly the social pillar, by fostering environments where inclusive policies are more likely to flourish, leading to more responsible governance and ethical decision-making.