IR Best Practice Insights
IR Best Practice Insights
September 2019
Companies around the world have launched extensive programs and initiatives to tackle the gender gap in their workforces.1 At times, even when companies have implemented programs successfully, these efforts have gone unnoticed beyond the firm. This has been due, in part, to insufficient disclosure of gender diversity initiatives.
Investors have formed networks and coalitions that focus on and advocate for gender diversity. One of the largest is the 30% Club, launched in the UK in 2010 by the BNY Mellon Investment Management firm Newton. The 30% Club was formed to advocate for companies’ boards to include at least 30% women members. Club members exercise their power as shareholders through engaging with companies, exercising their voting rights and raising awareness of the varied benefits of diversity in the business community.2
— Rob Stewart, Head of Responsible and Charity Investment, Newton Investment Management
— Lottie Meggitt, CFA, Responsible Investment Analyst, Newton Investment Management
BNY Mellon’s Depositary Receipts Global Investor Relations Advisory team published Disclosure on Gender Diversity as part of its IR Best Practices Insight series. The GIRA team is composed of specialists who work with BNY Mellon’s Depositary Receipts issuer-clients to assess liquidity and visibility and build relationships with the sell side, buy side, retail investors and the financial media. They partner with DR issuer-clients to help them realize broader global market access opportunities.
Guy Gresham
Group Head, Global IR Advisory & Investor Solutions
+1 212 815 4693
guy.gresham@bnymellon.com
Karen Bodner
Head, Global IR Advisory
+1 212 815 2557
karen.bodner@bnymellon.com
Ludmila Lell
Senior ESG Specialist
+1 212 815 4493
ludmila.leliavskaia@bnymellon.com
Michael O’Brien
Senior Corporate Governance Specialist
+1 212 815 6007
michael.obrien@bnymellon.com
1BCG: Getting the Most from Your Diversity Dollars. https://www.bcg.com/en-us/publications/2017/people-organization-behavior-culture-getting-the-most-from-diversity-dollars.aspx, (accessed on July 22, 2019).
2The 30% Club: https://30percentclub.org (accessed on July 22, 2019).