Get weekly updates via email!
tip of the day WED 23 JUL 14
Learn and keep active at the same time! Listen to audiotapes and podcasts while commuting or exercising.
  • Good House Keeping
    The July issue is our Makeover Special! Be inspired by the weight-loss successes of The Biggest Loser’s Kayen Lazaro and Osie Nebreja, who entered the reality TV show simply wanting to lose weight but ended up gaining whole new (healthier!) lives.
    Good Housekeeping
  • Women's Health
    Jumpstart your best body today with this month’s best foods special. Women’s Health shares over 100 of the best packaged foods for women, sourced from leading supermarkets, specialty stores, and delivery services.
    Women's Health
Charlene J. Owen, Contributor
 
November 25, 2012

Women in the Boardroom Improve Corporate Sustainability

Don't lose sight of that dream to become the boss, as a new study reveals that you may be just what the company needs. By Charlene J. Owen

 Many say that there’s nothing like a woman’s touch, and it proves to be true-- especially in a corporate setting where women hold the reins of multinational giants.

In a study featured on ScienceDaily.com, Adj. Asst. Prof. Kellie McElhaney from the Center for Responsible Business at the University of California,  Berkley’s Haas School of Business, has pointed out that women as members of the board improve environmental, social, and governance (ESG) performance of any company. 

Co-authored by PhD candidate Sanaz Mobasseri, the study measured data from Fortune 1500 companies since 1992. The research team reviewed ESG performances: from environmental efforts that involved energy-saving operations and earth-friendly packaging and products, to social factors such as employee benefits and community-serving projects, and finally, governance strategies that denounce bribery and promote transparency. 

“Companies with at least three female board members had a better ESG performance but we’re talking about very few companies who meet this threshold--just three of the 1,500 we studied: Kimberly-Clark, General Motors, and Walmart,” McElhaney notes.

Companies and other organizations should begin to recognize that it’s not totally an issue of gender equality, as it is an issue of sustainability. More women should also start believing in their own power of management, and that their skills are truly needed to run economic and government systems. Remember, you don’t need to don pinstriped blazers and pencil cut skirts to prove your worth and make a difference-- just listen to your inner voice, believe in what you can do, and all else will follow.

(Photo by Victor1558 via Flickr Creative Commons)

 

Join us on Facebook
Follow us on Twitter
COMMENTS
Name :
Email :
Website :
Comment :
Security Image
 
 
NOTE: FemaleNetwork.com is a CLEAN ZONE. Editors reserve the right to delete obscene comments.
Filter comments by:
  • Be the first one to comment...
Filter comments by:
 
 
ADVERTISEMENT
follow us
LATEST Articles
MOST READ Articles
8 Sidelines That Can Boost Your Income
It's all about the money, money, money!   Jul 21, 2014 
10 Hidden Charges You Should Know About
Little things can add up to big problems, especially when it comes to money.   Jul 17, 2014 
10 Tips from a True Shopaholic
Conquer the sale racks and walk out with the best deals in town.   Jul 14, 2014 
10 Little Things That Could Be Draining Your Savings
The smallest things can affect your finances in the biggest ways.  Jul 10, 2014 
FN’s 5-Step Guide to Business Registration in the Philippines
Planning to have your own business? Here are five easy steps to help make your dream come true!  Jul 07, 2014 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT