Beyond ‘Greening the Boardroom’: Linkages Between Gender Parity and Corporate Environmental Sustainability

This article analyses the correlation between boardroom gender parity and environmental sustainability in corporate governance. While economic and environmental factors are critical considerations, other factors must also be taken into account. In this regard, the study emphasises the importance of both issues to stakeholders and the wider society. Despite the progress made, gender disparities still exist in boardrooms. The research delves into the impact of including women in business strategies on organisational success, highlighting the need for board composition that is both environmentally conscious and dedicated to achieve gender balance. Ultimately, the study concludes by urging proactive measures towards strategic planning and addressing gender imbalances in boardrooms. This study delves into the most recent research on corporate governance, boardroom gender diversity, social stereotypes, environmental sustainability, and the integration of environmental concerns in board decision-making. The primary objective of the study was to examine the correlation between gender diversity in the boardroom and corporate environmental sustainability. A methodical analysis of pertinent literature released between 2015 and 2024 was conducted, covering topics such as corporate governance, board of directors, gender diversity, and corporate environmental sustainability. This research paper explores the relationship between gender diversity in boardrooms and initiatives for environmental sustainability. The paper offers a unique perspective on the subject, transcending the conventional emphasis on financial performance. Instead, it underscores the significance of gender balance in driving corporate environmental sustainability. The study critically evaluates current corporate culture and management practices, emphasising the necessity of a board composition that is not only gender-balanced but also committed to environmentally responsible business operations. The research serves as a valuable foundation for future research on the interplay between boardroom gender parity and corporate sustainability. While the notion of achieving gender parity in boardrooms is conceptually appealing, its practical implementation poses significant challenges. The absence of gender diversity on boards renders research in this area somewhat inconclusive, as the requisite data to measure progress is lacking. Moreover, previous studies have been limited in scope and, therefore, lack the necessary breadth to allow for the generalisation of results. Furthermore, the confidential nature of boardroom deliberations renders the evaluation of boardroom dynamics a complex and onerous task, impeding the ability to conduct a robust analysis of board proceedings. As a result, conducting an exhaustive evaluation of boardroom dynamics is a practically daunting and challenging endeavour. The findings in this research provide critical insights for regulatory authorities and policymakers to reconsider the significance of gender parity within boardrooms, particularly in relation to corporate environmental sustainability. The outcomes of this research can benefit academics, government agencies, business leaders, investors, and policymakers alike. The results can help these stakeholders gain a better understanding of the value of gender diversity in the boardroom, particularly regarding environmental sustainability. As such, it can contribute to the development of more effective policies and frameworks for achieving business sustainability goals through gender-balanced leadership.