Operational Impact

  • Governance & Ownership

Investment Lens

  • Minority and Disabled
Filters

Board of Directors: Minority/Previously Excluded (OI6696)

Number of board of directors or other governing body members who belong to minority or previously excluded groups as of the end of the reporting period.
Reporting format
Unit Referenced within Metric Definition
Metric type
Stock
Metric level
Organization
IRIS metric citation
IRIS, 2016. Board of Directors: Minority/Previously Excluded (OI6696). v4.0.

Footnote

Organizations should footnote their categorization of minority/previously excluded groups. See usage guidance for further information.

Usage Guidance

  • A board of directors is a group of individuals legally responsible to govern a corporation and responsible to the shareholders and other relevant stakeholders. A governing body with a different name (e.g., "advisory body") may be considered a Board of Directors provided it has a fiduciary responsibility to shareholders and/or other relevant stakeholders.
  • The categorization of minority/previously excluded groups vary by the locations and situations in which they live. Because there is no internationally agreed-upon definition as to which groups constitute minorities, in situations where well-established local policies exist (e.g., South Africa: Broad Based Black Economic Empowerment (BBBEE) definition of previously excluded, India: based on backward caste), organizations should refer to local guidelines to identify minority or previously excluded groups. Otherwise, organizations should provide additional detail as to their tailored methodology for defining these groups.