{"id":210,"date":"2015-08-11T13:48:18","date_gmt":"2015-08-11T13:48:18","guid":{"rendered":"http:\/\/globewomen.org\/CWDInet\/?p=210"},"modified":"2017-08-02T20:30:42","modified_gmt":"2017-08-02T20:30:42","slug":"2015-cwdi-fortune-global-200-report","status":"publish","type":"post","link":"https:\/\/globewomen.org\/CWDINet\/index.php\/2015-cwdi-fortune-global-200-report\/","title":{"rendered":"2015 CWDI Report: Women Board Directors of the Fortune Global 200"},"content":{"rendered":"<h2><a href=\"https:\/\/globewomen.org\/CWDINet\/wp-content\/uploads\/2017\/08\/2015-Fortune-200-001.jpg\"><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-2178\" src=\"https:\/\/globewomen.org\/CWDINet\/wp-content\/uploads\/2017\/08\/2015-Fortune-200-001-150x150.jpg\" alt=\"2015 Fortune 200 001\" width=\"150\" height=\"200\" \/><\/a>2015 CWDI Report:<br \/>\nWomen Board Directors of the Fortune Global 200 &#8212; 2004-2014<\/h2>\n<h3>The 2015 CWDI Report on Women Board Directors focuses on the women board directors on companies within the top-ranking Fortune 200 company listing. The study found that women held 17.8% of board seats in companies represented on the Fortune 200.<\/h3>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">Key Findings<\/h3>\n<p><strong> <em> \u00a0<\/em><\/strong><strong> For the 200 largest companies in the world, there has been little progress in increasing the percentage of women on boards globally this past decade. <\/strong><\/p>\n<ul>\n<li>From 2004 \u2013 2014, the percentage of women board directors has increased only 7.4% &#8212; less than 1% annually &#8212; from 10.4% in 2004 to <em>17.8% in 2014.<\/em><\/li>\n<\/ul>\n<p><strong> U.S. has lost its lead role in appointing women to board seats to Europe.<\/strong><\/p>\n<ul>\n<li>In 2004, 20 of 27 best performing companies were U.S.-based.<\/li>\n<li>In 2014, 17 of 25 companies with the best percentages of women directors are based in Europe, with U.S. companies reduced to only 7 in the Top Ten listing.<\/li>\n<\/ul>\n<p><strong> Europe\u2019s numbers of women directors have ticked upwards only because of proactive laws mandating quotas or private sector initiatives to accelerate board diversity. <\/strong><\/p>\n<ul>\n<li>Since 2004, the number of countries with legislative quotas for publicly-listed or state-owned companies has increased from <em>7 to 24 in 2014<\/em>.<\/li>\n<li>During the same time period, the number of countries (which have amended their corporate governance codes requiring or recommending board or gender diversity on boards) <em>has increased from 4 to 26<\/em>.<\/li>\n<\/ul>\n<p><strong>Quotas are working to accelerate women\u2019s access to board seats.<\/strong><\/p>\n<ul>\n<li>Fortune Global 200 companies based in <em>countries with quotas averaged 25.3% women\u2019s representation <\/em>on boards compared to 15.6% in countries without quotas.<\/li>\n<li>In 2014, the Top Three countries with the highest percentage of women board directors all have legislative quotas.<em> France leads with 30.2% from 7.2% in 2004;<\/em> Italy follows with 25.8% from 1.9% in 2004; and the Netherlands ranks third with 23.6% women-held board seats from 8.6% in 2004.<\/li>\n<\/ul>\n<p><strong>Inclusion of gender diversity language in corporate governance codes is also effective.<\/strong><\/p>\n<ul>\n<li>Fortune Global 200 companies based in countries with gender diversity provisions in corporate governance codes averaged 24.2% women directors while companies based in countries without those guidelines had only 13.6% women-held board seats.<\/li>\n<li>Best performers include the U.K. whose strictly voluntary goal of 25% women\u2019s board representation was based in gender diversity commitments imbedded in a revised corporate governance code resulting in 23.2% women-held board seats in FTSE 100 companies.<\/li>\n<li>Finland made gender diversity a requirement instead of a recommendation in their code and now all their blue-chip companies have 30% women\u2019s representation. Australia\u2019s Stock Exchangemade disclosure of gender diversity at all levels of a company a listing requirement resulting in 19.4% women directors, up from 8.2% in 2004.<\/li>\n<\/ul>\n<p><strong>The three largest economies in the world \u2013 U.S., China and Japan \u2013 have no national initiative to increase women\u2019s board representation.<\/strong><\/p>\n<ul>\n<li>From 2004-2014, all three countries posted the lowest rates of increase in the percentage of women directors:<em>U.S.<\/em> at 4.9%, <em>China<\/em> at 3.6% and <em>Japan<\/em> at 4.5%. <em>European countries\u2019<\/em> rates of increase averaged 16%, with <em>Italy<\/em> posting the highest rate of change at 24%.<\/li>\n<\/ul>\n<p><strong> The majority of companies with all-male boards are based primarily in the Asia-Pacific region.<\/strong><\/p>\n<ul>\n<li>16 of China\u2019s 28 largest companies in the Fortune Global 200 do not have a single women director.<\/li>\n<li>Japan and South Korea still have minimal women\u2019s presence on their boards, despite some recent improvements.<\/li>\n<\/ul>\n<p style=\"text-align: center;\"><strong>POSITIVE TRENDS: 2004-2014<\/strong><\/p>\n<p><strong> Overall, more companies are adding at least 1 woman board director.<br \/>\n<\/strong><\/p>\n<ul>\n<li>From 2004 to 2014, the number of the 200 largest companies with at least 1 woman<br \/>\ndirector increased from 144 to 166.<em>The majority of the increase has occurred since<br \/>\n2013 with 13 companies adding a woman director in 2013 or 2014.<\/em><\/li>\n<\/ul>\n<p><strong>More companies are reaching \u201ccritical mass\u201d and most of those companies are European.<\/strong><\/p>\n<ul>\n<li>From 2004 to 2014, the number of companies with 3 or more women directors has increased from 37 to 80. 40% of the 200 largest companies now have a \u201ccritical mass\u201d of women directors.<\/li>\n<li>In 2004, the majority (24 of 37) of the companies with 3 or more directors were based in the US. Now, the majority (49 of 80) of the companies with 3 or more directors are based in Europe.<\/li>\n<\/ul>\n<p><strong>Outside of the three largest economies, more and more countries are taking steps to improve women\u2019s board representation through legislative mandates or private sector efforts.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"text-align: center;\">\u00a0<em><strong>Sponsored By:<\/strong><\/em><\/h4>\n<p><a href=\"https:\/\/globewomen.org\/CWDINet\/wp-content\/uploads\/2015\/09\/logo-gdf-suez.jpg\"><img loading=\"lazy\" class=\"size-medium wp-image-1476 aligncenter\" src=\"https:\/\/globewomen.org\/CWDINet\/wp-content\/uploads\/2015\/09\/logo-gdf-suez-300x167.jpg\" alt=\"logo gdf suez\" width=\"300\" height=\"167\" \/><\/a>To <strong> order a copy<\/strong> of the 2015 CWDI Report on Women Directors of the Fortune Global 200: 2004-2014<br \/>\n<a href=\"https:\/\/globewomen.org\/CWDINet\/wp-content\/uploads\/2015\/07\/CWDI-Order-Form.pdf\"><strong> please click here<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2015 CWDI Report: Women Board Directors of the Fortune Global 200 &#8212; 2004-2014 The 2015 CWDI Report on Women Board Directors focuses on the women board directors on companies within the top-ranking Fortune 200 company listing. The study found that&hellip; <a href=\"https:\/\/globewomen.org\/CWDINet\/index.php\/2015-cwdi-fortune-global-200-report\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[21,5],"tags":[],"_links":{"self":[{"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/posts\/210"}],"collection":[{"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/comments?post=210"}],"version-history":[{"count":22,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/posts\/210\/revisions"}],"predecessor-version":[{"id":2231,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/posts\/210\/revisions\/2231"}],"wp:attachment":[{"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/media?parent=210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/categories?post=210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globewomen.org\/CWDINet\/index.php\/wp-json\/wp\/v2\/tags?post=210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}