Gender inequality in boardrooms unlikely to be eliminated until 2038, shows data

Gender inequality in boardrooms will not be eliminated until 2038 if the current improvement in female representation is maintained, data provider MSCI said on Wednesday, adding that progress had even stagnated in the United States.

Data modelled by MSCI shows that if the average rate of growth for the number of women on boards between 2018 and 2022 continues, companies in the data provider's flagship global equity index will not have gender-balanced boards for 15 years.

This means women will not take an average of 50 percent of board seats across the 2,811 companies which make up MSCI's All Country World Index (ACWI) until 2038, based on the current trajectory.