Get weekly updates via email!
tip of the day FRI 24 OCT 14
Do you have blemishes on your face? Try making a paste out of blended pineapple and carrot. Apply it to your face for 15 minutes, then
  • Good House Keeping
    Judy Ann Santos-Agoncillo returns to our cover this September issue and gets candid about money, marriage, and motherhood.
    Good Housekeeping
  • Women's Health
    Drop two sizes fast—with simple exercises you can do at home! This month's ultimate weight-loss special shows you how. Plus, real women share how you, too, can shed and keep off excess weight for good.
    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
7 Money Lessons That Have Stood the Test of Time
Cop these tips on how to be financially savvy.   Oct 23, 2014  2
7 Signs That You’re Too Competitive
FYI: This is not The Hunger Games.  Oct 20, 2014 
6 Ways to Make Your Monday Mornings More Productive
Beat your work woes to the punch!   Sep 29, 2014 
6 Quick and Easy Stress Solutions You Can Use at Work
You don't have to let your work overwhelm you.   Sep 15, 2014 
What is your work-life balance quotient?
Take this quiz to find out just how well you can get your act together.   Sep 09, 2014 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT