Want to do more? Join the Women Serve on Boards movement and create your own petition to request that other companies add women to their board of directors.
According to recent data from S&P Global Market Intelligence, 24 Fortune 500 companies currently have no women on their boards. This list is embarrassing and needs to change.
This website is a location to track the process and progress of increasing female leadership on corporate boards of directors, making sure each board has at least one woman on it, and holds companies with all male board members accountable for the systematic exclusion of women.
I started a petition movement that makes a fiscal and social case for taking initial steps toward gender equality on boards of directors. My first two petitions – to Land O’Lakes and Discovery Communications, two companies on the list of 24 – requests these companies to add at least one woman to its board of directors. I hope that others will join me and start petitioning the other 22 companies on this infamous list, using my petitions as a template or as inspiration to create their own compelling calls to action.
Adding women to boards makes business sense for each company on this list: it will significantly increase profits, boost its competitive advantage, and put the company on the right side of the issue. Taking steps toward gender equality on boards is also the right move socially. Companies that aim to improve and shape society can’t do so unless they reflect society. Upcoming generations need a future where gender inequality is a thing of the past, not a status quo to accept or even a hurdle to overcome. So please join me in signing the petition, and asking these 24 companies to step into modern times and commit to gender equality.
Fortunately, these 24 Fortune 500 companies is less than 5 percent of Fortune 500 companies. The good news is that the majority of Fortune 500 companies include at least one woman. The 24 remaining companies seem to be of a dying breed, on their way to extinction. Due to their growing obsolescence, I like to call these 24 companies “Dinosaurs.”