More Women in Boardrooms Mean Better Climate Policy, BNEF Says

Companies with greater gender diversity in their boardrooms show better performance on developing policies and methods to address climate change risks, according to BloombergNEF.

Firms, including electric utilities and oil producers with 30% or more of director roles filled by women, typically score better on environmental disclosures, BNEF and the Sasakawa Peace Foundation said in a study published Tuesday. They are more likely to set clear climate governance strategies and show greater transparency in the release of related data, including on emissions.

The study analyzed 11,700 global companies and found that emissions growth from firms with a third ...