Board Diversity Charter
A call for businesses of all sizes to mainstream gender diversity at the top.
About the Charter
The Board Diversity Charter is the product of partnership between two women-led organizations, TBRA and Alitheia Capital committed to advancing outcomes for women in the private sector and business.
The Charter is a call for leading corporations and small and medium enterprises to demonstrate leadership in gender diversity by committing to maintaining at least 30% female representation on their boards.
The Charter is a joint initiative of TheBoardroom Africa and Alitheia Capital
TheBoardroom Africa (TBR Africa) partners with companies and organizations to accelerate gender diversity at board level by connecting organizations with its leading network of senior executive women, and equipping these women with the resources and networks to succeed.
Alitheia Capital provides financial and non-financial support to nurture and unlock the value of high potential businesses that address the needs of under-served markets and the growing consumer segment. Through its pioneering fund, Alitheia IDF (in partnership with IDF Capital), Alitheia invests in businesses that recognise the importance of gender diversity as a factor for superior performance.
How to Join
Charter Signatories meet and commit to maintaining at least 30% or more female representation on their boards. Signatories also report annually on the gender composition of their boards to the Charter Committee to maintain their status.
Boards that have not yet reached the 30% threshold but intend to reach this threshold within the next two years are invited to Pledge. Charter Signatories and Pledge Partners receive a free consultation on how to utilise the Board Diversity Toolkit, which offers practical guidance on transitioning to and maintaining diverse board cultures.
The 2X Collaborative is a leading industry body for gender lens investing, launched at the UN Generation Equality Forum 2021. The 2X Collaborative provides members with access to peer learning networks, knowledge, co-investment platforms, partnership and training opportunities, and innovative investment tools. The 2X Collaborative is designed to serve investors making their first gender-focused investment equally as well as investors at the leading edge of the field.
Board Excellence empowers boards to excel in governance, effectiveness and performance. Board Excellence offers a range of services designed to create high performance boards that become a huge driver of an organisation’s performance. They engage with boards with the aim of empowering them to achieve step-changes in their effectiveness, performance and in the value they create for their organisations, so that average boards become effective over time and effective boards become high-performing. They also work closely with high-performing boards to support them in constantly improving their performance.
Institute of Directors
The Institute of Directors (IoD) was founded in 1903 and within three years we were awarded a Royal Charter to support, represent and set standards for business leaders nationwide. The IoD represents its members and makes the case for good corporate governance in the public and to government. Working with various stakeholders, the IoD campaigns on issues of importance to its members and the wider business community to build an environment in the UK which supports company directors. It is now UK’s largest membership organisation for business leaders, providing informative events, professional development courses for self-improvement, networking and expert advice.
Signatories and Pledge Partners
Charter Signatories are gender diversity leaders that commit to maintaining 30% women on their boards and striving to reach parity. Pledge Partners commit to reach the Signatory threshold within the next two years.