Visibility Counts: The LGBTQ+ Board Opportunity
Download Visibility Counts: The LGBTQ+ Board Leadership Opportunity research report

The “Visibility Counts: The LGBTQ+ Board Leadership Opportunity” research report, launched at the Quorum summit, is the first-ever research into LGBTQ+ board diversity.

Published with Ropes & Gray, the research includes the first-ever LGBTQ+ Inclusive Board Diversity Report on the Fortune 500. It also contains tactical policy examples, best practices and seeks to expand the board diversity conversation globally to be LGBTQ+ inclusive.

Key Findings from “Visibility Counts: The LGBTQ+ Board Opportunity” include:

  • Only 24 out of 5,690 Director seats in the Fortune 500 are held by openly LGBTQ+ leaders or 0.2%
  • 88% of LGBTQ+ senior leaders surveyed said that this lack of representation directly resulted in LGBTQ+ leaders being excluded from board opportunities. The seven main reasons for this lack of representation come down to:
    • Lack of inclusion in diversity recruiting efforts,
    • Perceived “lack of demand” among major search firms for LGBTQ+ board representation from their corporate clients,
    • Perceived “lack of offer” for LGBTQ+ board representation,
    • Gaps in data collection and reporting,
    • Anti-LGBTQ+ discrimination in policy and practice,
    • Self-exclusion, and
    • Low turnover and long tenure of board members

    back to top