September 11, 2020

Reuters on Wall Street’s Poor Record on Diversity, Cites ESGAUGE Data

In a story release today, Reuters’ Jessica DiNapoli analyzes Wall Street’s poor record on diversity, including the low number of female leaders of U.S. financial firms, and cites ESGAUGE data on smaller companies in the Russell 3000 index.

“Women are also underrepresented in CEO roles at financial firms when smaller companies are included. Of the 551 financial companies in the Russell 3000 index, 19, or 3.4%, are led by a woman, compared to 5.4% when counting all Russell 3000 companies… The only sector with a lower representation of women as CEOs is real estate, where there are five female chief executives out of 196 companies.”

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