Since the installation on International Women’s Day last year, Fearless Girl has made a great impact as a symbol for gender equality and the power of women in leadership. State Street Global Advisors was inspired to create Fearless Girl by research showing that having women in leadership can positively affect company performance and the economy. However, the number of women in leadership positions is only slowly increasing.
On the same day State Street placed Fearless Girl in New York, they also called on the thousands of companies in their investment portfolio across the globe to increase the number of women on their boards, and they reached out to more than 700 companies that currently have no women directors. The results so far: 152 publicly-traded companies that the firm reached out to – through either its voice or its vote – have now added a female board member, and 34 more have committed to doing so.
This year, the firm announced it would be expanding its board guidance to companies in Japan and Canada.
“Know the power of women leadership”
As Fearless Girl continues to stand as an inspiration for companies to increase gender diversity on boards and in senior leadership, the good news is that the lively discussions amongst female leaders are growing! The Global Female Leaders, the Premier Economic Forum & Network for Female Executives, started five years ago with its annual summit to discuss global economic topics on a top female level.
This year’s diverse and rich summit programme will once again convene another trailblazing community of leading voices, visionaries and change makers.
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