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ARTICLE · 30 JUNE 2022

Why A Diverse Board Is Important For Your Business

In the age of Environmental, Social and Governance (ESG) issues, boards of directors are steering companies toward an ESG-compliant future.

KenyaCorporate/Commercial Law

In the age of Environmental, Social and Governance (ESG) issues, boards of directors are steering companies toward an ESG-compliant future. Diversity and inclusion within the board of a company have become emblematic of good corporate governance and are illustrative of the "G" in ESG which considers such factors as how a company is managed by its board of directors and executives, the composition of the board, as well as the quality of decision making.

Kenya's development blueprint, Kenya Vision 2030 (Vision 2030), provides that there shall be equality across race, ethnicity, religion, gender and socio-economic status. The equality and diversity agenda entrenched in Vision 2030 has had a ripple effect across society. On a global level, in the wake of #MeToo, the She Matters Movement and the Black Lives Matter (BLM) movement, there has been an increased focus on gender and racial diversity in the workplace and at the board and senior management levels.

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