Six major investors claim 30% of women in management bodies

Several studies show that as soon as there are 30% of women on executive committees, company performance improves. Six large management companies representing more than 3 trillion in assets under management are calling on companies to have an action plan to achieve this ratio of women in their management bodies by 2025.

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In 2020, women represent only 21% of positions in management bodies. It is three times more than in 2009 certainly, but still insufficient if one is to believe the academic research, several studies conclude that with 30% of women, the performances take off.

To accelerate the changes, six large management companies, which together represent nearly 3,000 billion euros in assets under management, have decided to join forces. They call on large French companies to establish an action plan to reach at least 30% of women in 2025 in their executive committees or their management committees. Among them, Amundi, AXA Investment Managers (AXA IM), La Banque Postale Asset Management (LBP AM), Sycomore Asset Management, as well as two affiliates of Natixis Investment Managers Mirova and Ostrum Asset Management.

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