Research: Firms with Diverse Boards Achieve Higher ESG Ratings

Ethan Moon • Oct 30, 2023

"An analysis of 15 years of data from the S&P 1500 uncovers a crucial link: firms with diverse leadership consistently achieve higher environmental ratings from MSCI, a leading ESG data provider."

"Acknowledging that no single ESG metric can fully encapsulate the complexities of sustainable business practices, these results suggest that board diversity tangibly and positively affects a firm’s environmental sustainability."


Link: https://hbr.org/2023/10/research-firms-with-diverse-boards-achieve-higher-esg-ratings

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