A number of research has shown that companies which embrace diversity overperform companies the ones that do not and linked gender diversity to improved financial performance and shareholder value, increased customer and employee satisfaction and greater market reputation, among other.
In an effort to promote diversity on boards of local companies, and more specifcally gender diversity, the Lebanese League for Women in Business launched the "Women on Board" intiative in 2016 and has been working in partnership with the private sector, the public sector and international organizations on various activities to achieve 30% women on boards.
LLWB believes that gender diversity on boards is essential for good governance practices, making firms more attractive to investors and helping them maintain trust with internal and external stakeholders. LLWB invites the private sector to join the Women on Board initiative and engage in the activities that are being implemented by LLWB and partner organization under this initiative in the process of lobbying for 30% women on board.
To learn more about the process for joining the initiative and committing to 30% women on board, please contact Zeina.Mhaidly@llwb.org