Get weekly updates via email!
tip of the day THU 24 APR 14
Start maintaining a balanced diet by exchanging cake and chocolate for dried fruit, raisin toast, and low-fat fruit yogurt.
  • Good House Keeping
    Find your bliss this summer! GH's guide to a calmer, luckier, and happier you. On stands now for only P120.
    Good Housekeeping
  • Real Living
    Real Living’s April 2014 issue is a thing of beauty, literally! The magazine’s Beautiful Homes issue features 43 pages which will inspire you to rethink your own space.
    Real Living
  • Women's Health
    Everything you need to score your hottest, sexiest summer EVER is in the Women’s Health March issue!
    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
The Lowdown on Soft Skills + Top 5 Skills You Need to Know Now
We explain what soft skills are, why you need them, and the top five skills you need to master.  Apr 23, 2014 
A Portrait of Success: Why We Love Photographer Lai de Guzman
Find out how this camera-wielding femtrepreneur turned her passion into a full-fledged business!  Apr 22, 2014 
Taking the OFW Route: FN’s Primer on Looking for Jobs Abroad
Here’s what you need to know to score that overseas stint.   Apr 21, 2014 
GIRLTalkers Talk about Shifting Careers in Their 30s
Before you take the big career shift, get some pointers from our GIRLTalkers who faced the career crossroads.  Apr 21, 2014 
5 Quick Ways to Get Rid of Post-Bakasyon Blues
Get yourself out of bed and out the door.   Apr 20, 2014 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT