Companies with more women on their boards are more likely to be on track to meet global climate goals, states the analysis by investment research and asset manager of financial intelligence and investment firm: Arabesque.
The importance of female leadership was also highlighted in a 2021 BIS study of 2000 listed companies in 24 industrialised countries, which found a 1% increase in female managers leads to a 0.5% decrease in CO2 emissions.
Thereby it can be concluded on the basis if this study that climate leadership by women in industrialised countries highlights the opportunity, showing that tackling gender equality could play a key role in how countries adapt and mitigate the risks of climate change, and the practical benefits of diversity, equity and inclusion.
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