Shearman & Sterling LLP Board Diversity | 38
Companies vary considerably in how they present information regarding board
diversity in their proxy statements. In 2021, the number of Top 100 Companies
that presented information about the diversity of their boards on a director-
specific basis increased to 2019 levels from 18 companies in 2020 to 26
companies in 2021.
Sixty-three Top 100 Companies
that have presented aggregated
diversity information in 2021 had
presented diversity information
in separate categories.
2019 2020 2021
2019 2020 2021
Aggregated Diversity
Information For
All Directors*
Director-Specific
Diversity Information
Presented*
No Board Diversity
Information
Presented
Presented Diversity Information
in Separate Categories
0
21
13
63
80
56
*Includes companies that presented both aggregated and director-specific diversity information.
Board Diversity
Data
80
77
76
18
26
25
20
10
7
76
18
26
25
20
10
7
18
26
25
20
10
7
Nasdaq's new disclosure
requirements on board diversity
includes a requirement to
present diversity information
in a prescribed matrix.
