BlackRock study finds companies with more women in workforce outperform rivals

Study by BlackRock

Companies with a more equal sex-split, a greater number of women in management, and higher standard maternity policies, outperform rivals which lag in these areas, a study by BlackRock has found.

Firms with the most diverse workforces beat the return on assets of their country and industry group peers with the least-diverse by 1.6 percentage points, equating to average outperformance of 29% per year. The research, titled ‘Lifting Global Growth by Investing in Women', looked at data from the past ten years and found greater workforce diversity can boost economic output by tapping into under-used talents and bringing different experiences and perspectives to the table. Hybrid working 'life-changing' for City's women but fund sector still lags on gender parity Understanding th...