2020 Women on Boards Releases 2020 Gender Diversity Index

Quantifies Gender Diversity of Fortune 1000 Company Boards
Boston
January 20

It's now possible to research gender diversity on the boards of the nation's largest public companies and track this information from year to year, thanks to new research by 2020 Women on Boards. The research, called the 2020 Gender Diversity Index, quantifies gender diversity on the boards of the 2010 Fortune 1000 list. The database will be posted to 2020wob.com in January 2012.

Companies in the 2020 Index fall into four categories: Winning "W" Companies (20% or greater); Very Close "V" Companies (11 - 19%); Token "T" Companies (1 woman) or Zero "Z" Companies (0 women).

"The 2020 Gender Diversity Index allows us to measure a company's progress against the 20% goal. The goal is realistic. It's achievable. It's now time for companies to take the 2020 Pledge to add a woman within two years and reach 20% by 2020," said Stephanie Sonnabend, 2020 Women on Boards co-founder and Chair.

"Visitors to 2020WOB.com will be able to research board diversity stats by company, state or industry, and advocate for change by congratulating the companies that have achieved or surpassed the goal and encourage the companies that haven't to do better," said Malli Gero, 2020 Women on Boards Executive Director.

According to this year's 2020 Gender Diversity Index large companies have more women directors than small companies:

 

The 2020 Index: Findings

 

% Women on Boards

Avg. # Women on Boards

Avg. Total # of Board Members

F  1- 500

16.4%

1.8

11

F 501 - 1000

12.4%

1.2

10

F 1000

14.6%

1.5

10

 

 

W

V

T

Z

F 1 - 500

32%

28%

30%

10%

F 501 - 1000

25%

11%

36%

28%

F 1000

29%

20%

33%

19%

Methodology: The 2020 Index is compiled using the 2010 Fortune 1000 list. Data was confirmed as of August 1, 2011.

About 2020 Women on Boards: 2020 Women on Boards (www.2020wob.com)is a national campaign to increase the percentage of women on corporate boards to 20% or greater by 2020. The campaign redefines good corporate governance and gender diversity standards and creates a cultural imperative for corporate action. Founded in 2010, the 2020 campaign will launch a New York Chapter in October.