(Finance) – In Italy, 39% of Board members of the companies in which BNP Paribas AM invests she is a womana superior presence than the average of listed companies both in Italy (36%) than in rest of the world. The Italian figure is second in Europe only to France (43.5%), while globally women make up on average 25% of the board members of the companies in which BNPP AM invests, compared to 18% of listed companies.
This is what emerges from a global stygium conducted by BNP Paribas AM out of 3,500 companies in which the investment bank invests compared to 17,000 listed companies registered in the Institutional Shareholder Services database.
The geographical differences are considerable: in Europe, North America, Australia, South Africa and New Zealand, a target threshold of minimum 30% of women on boards applies, compared to 15% in Latin America, Asia, the Middle East and the rest of Africa considered less advanced in terms of inclusion. In particular, in Europe (34%), Australia and New Zealand (35%) e South Africa (33%) the goal has been achieved and exceeded, while in the United States there is an average of 27%. at an average of 22%.
“The geographical differences found must be seen within a broader framework, which also takes into account the economic, socio-cultural and regulatory context”, explains Orsolya Gal, Senior Stewardship Analyst of BNP Paribas AM, adding that “companies with a higher market capitalization tend to integrate diversity more easily than smaller companies. ”