Diversity and Sustainability: Exploring the Impact of Women in Boardrooms on Business ESG Management

This study focuses on the positive impact of women on boards of directors (BoDs) on companies' environmental, social, and governance (ESG) performance. Exploring the conceptual roots of Corporate Social Responsibility (CSR) and ESG dimensions, theories such as agency, stakeholders, and resource dependency are analyzed, emphasizing the importance of gender diversity on the Board of Directors for corporate strategic perspectives. The study emphasizes the positive effect of the presence of women on boards, as they offer different perspectives and complementary skills that lead to improved company performance, not only socially but also financially. This thesis focuses on the link between CSR, corporate performance, and gender diversity on the Board. It examines how social commitment and sustainable management influence corporate reputation and relations with various stakeholders, reducing risks associated with the environment and regulations. It also explores the importance of ESG indicators for investors and the positive signal that strong performance in these areas sends to the financial market. The second chapter draws upon empirical research conducted across various companies to assess the tangible impact of boards' female presence on ESG performance. This analysis highlights how the inclusion of women positively shapes corporate practices, fostering more sustainable and responsible decisions that bring about improvements across all domains. These enhancements benefit not only the shareholders who own the company but also stakeholders, encompassing all parties for whom the company holds significant interest and relevance. The third chapter will discuss the results obtained. In conclusion, this study underscores the importance of female presence on the board of directors. Women, with their specific skills, perspectives, and attitudes, play a significant role in promoting a more inclusive decision-making environment geared towards achieving ESG goals, thereby contributing to companies' sustainable growth and improving their social and environmental impact.