The Case for Diversity & Inclusion on Corporate Boards

Minority women are making gains, but there is much room to grow

Women of color are making strides when it comes to board representation—but it’s not time to celebrate yet.

A study by Deloitte and the Alliance for Board Diversity looked at changes in board diversity for Fortune 100 and Fortune 500 companies between 2016 and 2018. Among their findings:

Black women in board seats increased by 26.2 percent.
Asian women increased their representation on boards by 38.6 percent.

Women and minorities saw a larger increase in board representation between 2016 and 2018 than between 2012 and 2016.

Despite the gains, there is much room for improvement, as minority women still made up only 5.8 percent of all board members of Fortune 100 companies and 4.6 percent of all board members of Fortune 500 companies in 2018.

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