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The Effect of Top Management Team Gender Diversity on Climate Change Management: An International Study

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  • Jérôme Caby

    (IAE Paris—Sorbonne Business School, Université Paris 1 Panthéon-Sorbonne, 8 bis Rue de la Croix Jarry, 75013 Paris, France)

  • Clotilde Coron

    (IAE Paris—Sorbonne Business School, Université Paris 1 Panthéon-Sorbonne, 8 bis Rue de la Croix Jarry, 75013 Paris, France)

  • Ydriss Ziane

    (IAE Paris—Sorbonne Business School, Université Paris 1 Panthéon-Sorbonne, 8 bis Rue de la Croix Jarry, 75013 Paris, France)

Abstract

The aim of this research was to assess the effect of top management team gender diversity on firms’ effective commitment to climate change management from two new perspectives: a more detailed analysis of gender diversity in corporate management and an international analysis of the phenomenon. Broadening climate change management assessment through selected CDP qualitative metrics for governance, risk management and strategy provides a more in-depth view of climate change managerial practices. Even though a growing body of academic literature highlights the potential positive impact of gender diversity, this empirical research based on a sample of 836 firms from 16 developed countries provides mainly inconclusive results. These results may be explained first by a still insufficient and below critical mass, percentage of women within top management teams; and second, by a selection bias, as only the best performers disclose their climate change management data. This also calls for companies to improve their gender diversity among the top management team, and for regulators to further extend compulsory climate change management reporting.

Suggested Citation

  • Jérôme Caby & Clotilde Coron & Ydriss Ziane, 2022. "The Effect of Top Management Team Gender Diversity on Climate Change Management: An International Study," Sustainability, MDPI, vol. 14(2), pages 1-16, January.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:2:p:1032-:d:726801
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    References listed on IDEAS

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    Cited by:

    1. Nurshahirah Abd Majid & Amar Hisham Jaaffar, 2023. "The Effect of Women’s Leadership on Carbon Disclosure by the Top 100 Global Energy Leaders," Sustainability, MDPI, vol. 15(11), pages 1-26, May.
    2. Ayman Issa & Mohammad A. A. Zaid, 2023. "Firm's biodiversity initiatives disclosure and board gender diversity: A multi‐country analysis of corporations operating in Europe," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4991-5007, November.
    3. Marina Kovaleva & Walter Leal Filho & Christian Borgemeister & Jokastah Wanzuu Kalungu, 2022. "Understanding Needs and Potentials for Gender-Balanced Empowerment and Leadership in Climate Change Adaptation and Mitigation in Africa," Sustainability, MDPI, vol. 14(15), pages 1-27, August.

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