Inclusion Matters
Inclusion Matters: The Importance of Latino
Representation on Corporate Boards Report
LCDA's Inclusion Matters: The Importance of Latino Representation on Corporate Boards shares five ways in which we can all play a role in advancing Latino representation.
2023 Findings
Despite recent gains, Latino representation on corporate boards still lags far behind other racial and ethnic groups. The gap is widest for Latinos, who make up nearly 20% of the US population but hold only 4.1% of Fortune 1000 board seats. Latinos and Latinas continue to be the least represented among new director appointments increasing the representation disparity.
Corporate boards across America without Latino representation continue to lack the perspective of a key constituency in the boardroom. The lack of Latino representation on corporate boards is not a talent supply issue. There is ample executive Latino talent, but systemic recruiting methods and bias impede the identification of Latino candidate pools.
LCDA's Inclusion Matters: The Importance of Latino Representation on Corporate Boards shares five ways in which we can all play a role in advancing Latino representation. This report is based on data from the Latino Board Tracker developed by LCDA to evaluate, identify, and measure Latino/a directorship representation on companies ranked on the Fortune 1000 list annually, as well data from S&P 500, and R3K. The report is current as of May 2023.
