Expected Nasdaq rules requiring companies listed on the exchange to add more board members from underrepresented groups have spurred the rapid adoption of LGBTQ-inclusive board policies in the past year, a new report says.
Approximately 50% of the 3,743 companies listed on the Nasdaq exchange now have policies to include LGBTQ members on their boards, up from just 3% a year ago, according to a report released Wednesday by Out Leadership. The past year also has brought large gains in board diversity policies on gender, race, ethnicity, national origin and age, the report said. …
Source: Nasdaq Board Diversity Rule Boosted LGBTQ Policies, Report Says