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Here's what we got on tap for you today
Meme of the Week
Time to Catch up on some Reading
Looking to spend your weekend next to a cozy fire with a book? Well, if you're reading this newsletter, we expect you to be reading a book on social impact. Want to see our favorite books? Check them out here.
Article of the Week
More Women in Boardrooms = Less Greenwashing
We hate to be the ones to tell you about this really obscure and unknown phenomenon that you’ve never heard about before, but someone’s gotta do it: companies lie. Yeah. Take it in. We know it’s rough to hear.
Specifically, companies lie about their environmental, social, and governance (ESG) efforts. They will say they’re doing something good for the world and then just not do it. It’s called greenwashing. We know, we know. You are shocked.
Well, here’s a glimmer of hope that will hopefully steer you out of an existential crisis: a new study shows that companies with greater gender equality are less prone to greenwashing. Maybe we should rephrase our original truth bomb to this: men lie.
JK JK, we’re not here to totally bash on men. But it is interesting that companies with more women in the boardroom exaggerate less about their ESG accomplishments. They are less opportunistic and more upfront, which minimizes “ESG decoupling,” the term used to describe the gap between what a company says and what they actually do.
For example, companies in Japan and Taiwan had higher levels of gender-unequal boardrooms and more ESG decoupling, while New Zealand and Thailand had the most gender-equal boardrooms and lowest gap between their talk and their walk.
Even with these findings, women make up a tiny fraction of the top positions in the corporate workforce. Only 6.7% of global board chairs are women, and women make up only 5% of global CEOs.
We want to change those numbers by helping more women apply for social impact jobs. Scroll down to the job board to get started.