Timely Insights & Perspectives on Corporate Sustainability, Responsibility & Citizenship

WOMEN IN THE BOARD ROOM: The State Street Campaign to Expand Director Diversity in Public Companies

August 29, 2017

Who sits in the corporate board room, making important decisions and overseeing management?
Easy answer in the vast majority of such settings: the males.
State Street Corporation is trying to change this picture. This is one of the world’s largest asset managers and its reach is into thousands of public companies in which it invests. Plus State Street has its own Bully Pulpit on ESG issues as a large strategic investor.

The Company asserts it manages 11 percent of the world’s assets (as of a June 2015 survey). The company operates through 30 offices in 100 geographic markets, working with asset owners, asset managers, insurance companies, public sector institutions, and other partners. (The operating units include State Street Global Advisors (SSGA); SS Global Markets; SS Global Services; SS Global Exchange.)

The company has US$2.5 trillion in AUM and $30 trillion in Assets Under Custody.

State Street has long focused on its ESG performance…

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