Companies with more women on the boards have better climate policies and increased transparency compared to their male-led peers.
According to a study led by BloombergNEF and the Sasakawa Peace Foundation, there is a correlation between gender diversity, climate performance and innovation in business.
An analysis of 11,700 companies globally showed that if a third of the board are women, firms are likely to outperform in addressing environmental, governance and sustainability (ESG) issues.