By Marina Grossi
President of CEBDS
We understand that diversity on Boards is crucial for companies to understand the complexity of the challenges posed and respond appropriately. CEBDS (Brazilian Business Council for Sustainable Development) works with its leaders to accelerate this transformation and, therefore, congratulates and endorses the letter signed by B3, IBGC, IFC, Spencer Stuart, and WCD, institutions that created the Diversity on Board Program. The year 2021 begins with greater clarity about the importance of diversity, and the movement of adhesion that this initiative generated is proof of this.
This is my statement of support for the Board Diversity Program, an initiative of the IBGC (Brazilian Institute of Corporate Governance) with B3, IFC, Spencer Stuart and WCD, which released an Open Letter to the Market this week. The letter is addressed to major pension funds, private equity funds and CEOs of large companies. The goal is for the market to have more diversity on its boards of directors. The movement, which already has the support of important market players such as Abvcap, AMEC, Anbima, JP Morgan, Morgan Stanley, BTG, KPMG.
