Alliance for Board Joint Reports on Diversity
Founded in 2004, the Alliance for Board Diversity is a collaboration of four leadership organizations: Catalyst, Inc., the Executive Leadership Council (ELC), the Hispanic Association on Corporate Responsibility (HACR), and Leadership Education for Asian Pacifics, Inc. (LEAP).
Diversified Search, an executive search firm, is a founding partner of the Alliance and serves as advisor and facilitator. The ABD’s mission is to enhance shareholder value in Fortune 500 companies by promoting inclusion of women and minorities on corporate boards.
The Alliance for Board Diversity believes that corporate governance can best deliver on its duty to shareholder interests when corporate boards:
- Include directors qualified women and minorities with diverse talents, backgrounds and perspectives.
- Enhance public trust by acknowledging the interests of all stakeholders, including shareholders, employees, customers, suppliers, and the communities they impact with goods and services.
- Make independent decisions based on knowledge of the external environment and how it impacts the company.
The members of the Alliance for Board Diversity are committed to the following as they pertain to women and minorities within the boardrooms of corporate America:
- Offer referrals of qualified candidates through its member and partner organizations that can help facilitate boardroom diversification.
- Ally with and/or support like-minded organizations that are committed to the issue of diverse boardroom composition as a vital shareholder concern, as well as with organizations that affect boardroom diversity.
- Conduct research to measure changes in the demographic makeup within Fortune 500 boards and raise awareness of these findings.
Alliance for Board Diversity Members
Founded in 1962, Catalyst is the leading nonprofit organization accelerating progress for women through workplace inclusion. With operations in the United States, Canada, Europe, India, Australia, and Japan, and more than 800 supporting organizations, Catalyst is the trusted resource for research, information, and advice about women at work. Catalyst annually honors exemplary organizational initiatives that promote women's advancement with the Catalyst Award. www.catalyst.org
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including 80 percent of the Fortune 500 and more than 6,000 private and middle market companies. Our people work across more than 20 industry sectors to deliver measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to make their most challenging business decisions with confidence, and help lead the way toward a stronger economy and a healthy society.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
About Diversified Search
Diversified Search is the largest U.S. female-owned and -founded executive search firm in the world and one of the top ten largest executive search firms in the nation. Headquartered in Philadelphia, the company has offices in Atlanta, Chicago, Cleveland, Los Angeles, Miami, New York, San Francisco, and Washington, D.C. and is the exclusive U.S partner of AltoPartners, an international alliance of independent executive search firms that spans 35 countries across the Americas, Europe, the Middle East, Africa, and Asia Pacific. http://www.diversifiedsearch.com/
Founded in 1986, the Hispanic Association on Corporate Responsibility (HACR) is one of the most influential advocacy organizations in the nation representing 14 national Hispanic organizations in the United States and Puerto Rico. Our mission is to advance the inclusion of Hispanics in Corporate America at a level commensurate with our economic contributions. To that end, HACR focuses on four areas of corporate social responsibility and market reciprocity: Employment, Procurement, Philanthropy, and Governance. For more information, please visit www.hacr.org.
LEAP’s mission is to achieve full participation and equality for Asian and Pacific Islanders through leadership, empowerment, and policy.
Envisioned as a vehicle to develop future leaders, LEAP is a national nonprofit organization whose mission is to achieve full participation and equality for Asian and Pacific Islanders (APIs) through leadership, empowerment, and policy. LEAP works to meet its mission by: Developing people, because leaders are made, not born; Informing society, because leaders know the issues; and Empowering communities, because leaders are grounded in strong, vibrant communities. Unmatched in vision and scope, LEAP offers leadership training and programs, publishes leadership research and conducts community education to advance a comprehensive strategy of API empowerment. www.leap.org
About The Executive Leadership Council
The Executive Leadership Council, an independent non-profit 501(c)(3) corporation founded in 1986, is the pre-eminent membership organization committed to increasing the number of global black executives in C-suites, on corporate boards and in global enterprises. Comprised of more than 600 current and former black CEOs, board members and senior executives at Fortune 1000 and Global 500 companies, and entrepreneurs at top-tier firms, its members work to build an inclusive business leadership pipeline that empowers global black leaders to make impactful contributions to the marketplace and the global communities they serve. For more information, please visit www.elcinfo.com