Daily BriefsESG

Daily Brief ESG: Even if Proper Nomination Process Is Skipped and more

In today’s briefing:

  • Even if Proper Nomination Process Is Skipped, It May Be Considered Better than Zero Women Directors


Even if Proper Nomination Process Is Skipped, It May Be Considered Better than Zero Women Directors

By Aki Matsumoto

  • There are concerns about the ability of female directors hired solely for the purpose of recruiting women directors without a reasonable director nomination process to demonstrate strength on the BOD.
  • Board diversity issues were considered a low priority until more institutional investors voted against the top management of companies with zero female directors at shareholder meetings.
  • Given the small population of full-time female employees and the relatively young age bias, it’s likely that even in 2030, most female board members will be relying on outside talent.

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