The underrepresentation of women on boards remains a key area of focus for organizations globally, but overall progress remains slow, and for women in leadership positions, even slower.
The Deloitte Global Boardroom Program’s Seventh Edition of the Women in the boardroom: A global perspective report includes updates from 72 countries on gender diversity in the boardroom, exploring insights on the political, social, and legislative trends behind these numbers.
While these private and public sector efforts demonstrate steps toward achieving parity, the pace of collective progress needs to pick up. Highlights include: The 2022 report reveals a disconnect between gender progress on boards and in the executive suite; only 6.7% of board chairs are women, with even fewer women holding the CEO role, at just 5%.
A global average of just 19.7% of board seats are held by women, an increase of 2.8 percentage points since 2018. If this rate of change were to continue, we could expect to reach something near parity around 2045 – 7 years earlier than the findings of our previous report. Companies with women CEOs have significantly more balanced boards than those led by men—33.5% women vs. 19.4%, respectively.Women in the Boardroom | Deloitte Global