US 30% Club

About US 30% Club

The U.S. 30% Club launched in June 2014 with a goal of achieving 30% female directors on S&P 100 boards by 2020. Today, 24.7% of S&P 100 directors are women, up from 20.2% at launch. Additionally, all S&P 100 boards have at least one female director. Even more encouraging, the US membership has achieved an average of 29% women on their boards, up from 21.9% when it launched – a testament to what business leaders are able to achieve when they commit to driving change.

While the S&P 100 is on track to achieve the 30% target by 2020, there is still much work to be done in boardrooms across the country, with S&P 500 numbers moving at a glacial pace.

As members of US 30% Club, Boyden publicly pledges our support for the notion that it is good business practice to have women holding 30% of board seats and share the aspiration to collectively reach this goal. We are committed to excellence in leadership and value diversity as an essential force towards achieving this commitment.

Related Link: https://us.30percentclub.org/

About 30% Club

The 30% Club was established in the United Kingdom in 2010 by Helena Morrissey, chief executive of Newton Investment Management and has established chapters across the globe.

Vision: Gender balance on boards not only encourages better leadership and governance, but diversity further contributes to better all-round board performance, and ultimately increased corporate performance for both companies and their shareholders.

Mission: Develop a diverse pool of talent for all businesses through the efforts of its Chair and CEO members who are committed to better gender balance at all levels of their organisations. Business leadership is key to the mission, taking the issue beyond a specialist diversity effort and into mainstream talent management.

Values: The 30% Club approach - collaborative, concerted business-led efforts - can help accelerate progress towards better gender balance at all levels of organisations. The 30% Club does not believe mandatory quotas are the right approach. Instead, 30% Club supports a voluntary approach in order to realise meaningful, sustainable change.

The 30% Club runs a number of very specific and targeted initiatives that look to broaden the pipeline of women at all levels, from “schoolroom to boardroom”. It is also working to bring about real transformation by:

• Encouraging and supporting chairmen to appoint more women to their boards.
• Providing information and help for businesses trying to improve their diversity at all levels - sharing innovations that work and devising new collaborative actions.
• Working with other related groups. We believe that collective, concerted effort can achieve much more than individual initiatives and are ‘open source’ in our approach. We are driven by our objective, rather than by any ‘ownership’ of the issue.
• Keeping the spotlight on the issue through our ongoing role in the public debate, on TV and radio and through social media.
• Staging large-scale events (free of charge to attendees) to develop momentum and to evolve thinking around the issue.
• Speaking at schools, universities and international women’s events.
• Tracking progress towards the 30% target.

Related Link: https://30percentclub.org/