Board Diversity Law

Board Diversity Law encourages or mandates companies to include individuals from varied backgrounds—such as different genders, ethnicities, ages, and experiences—on their governing boards. The goal is to promote a wider range of perspectives, improve decision-making, and better reflect the diverse communities the companies serve. Such laws aim to reduce biases, foster innovation, and enhance corporate accountability by ensuring that leadership is more inclusive and representative of societal diversity. They may set targets, require disclosures, or impose specific criteria to promote equal opportunities in board composition.