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At Egon Zehnder, we have tracked gender and international diversity on boards around the world for the past 14 years. With the release of our 2018 report, Global Board Diversity Tracker: Who’s Really on Board?, we mark our most comprehensive effort yet.

Our conclusion is simple: Boardroom diversity matters because it leads to better corporate outcomes. Yet for all of the attention given to the topic, improvement remains incremental — and that is unacceptable. To make a difference, boards must abandon tokenism and hire a critical mass of at least three women. That approach must be directed and supported from the very top.

Our work also looks at just who serves on these boards, examining who serves in leadership positions, where new directors come from, and how board leaders create productive teams. We also highlight success stories of companies that have made board diversity a priority. At the end of the report, we offer our perspective on how best to jump-start the process of diversifying your board.

We hope this report inspires you to act — and to reap the benefits that will result.

44 countries
1,610 companies
€46trillion total market cap
14 years

Analysis covers all publicly traded companies with market cap EUR 7bn+ in 44 countries globally, or the largest six in each country where fewer meet the criteria.

View our findings

Visualize the tracker results on our animated Tracker Highlights Page

Tracker Highlights

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Explore specific results by category, country, and year

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Success Stories

See corporate success stories and find out how you can take action

Take Action
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Unilever CEO Paul Polman on Diversity’s Strategic Importance

Why change must come from the top.

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Get the Full Report

Download a PDF of the complete
2018 Global Board Diversity Tracker

Download the Report Read the Press Release
2016 Study
Read a summary of Egon Zehnder's 2016 Global Diversity Study
2014 Study
Read a summary of Egon Zehnder's 2014 Global Diversity Study
2012 Study
Read a summary of Egon Zehnder's 2012 Global Diversity Study

Learn More

For more information about this study or about Egon Zehnder’s board and diversity work, please contact:

Cynthia Soledad
Global Diversity Practice
Karoline Vinsrygg
Global Diversity Practice
Ashley Summerfield
Global Board Practice
  • Project Lead, Global Diversity Specialist: Katrin Sier
  • Project Lead, Communication: Astrid Carniaux
  • Research: Raminder Kaur, Atul Dhingra with data from BoardEx
  • Communication Strategy: Hilary Crnkovich, Stacy Drumtra
  • Design Lead: Markus Schuler
  • Design Agencies: Zoo&Co and Moving Brands
  • Digital Lead: Luke Sherwin
  • Web Agency: Shed Collective
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