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Why are there more women in ESG?

Sian Barnett Wike 08 March 2023

At ESG events 'women outnumber the men'

This International Women's Day, we can see clear progress within asset and wealth managers becoming more gender diverse.

EY assert that women account for 40% across the sector's European boards, and that 55% of board members with sustainability experience are women.

Indeed, the sustainable investment sector knows the risks posed by a one-dimensional workforce more than most - gender composition is included as one of the 14 mandatory principle adverse impact indicators under EU SFDR. It seems unsurprising, therefore that women in asset management appear to be aligning themselves to ESG roles, especially given that MSCI's Women on Boards Progress Report cites that female directors are more likely to advocate for societal issues, especially climate change.


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