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Number of Board Members From Age Group: Over 50 Years Old

REFERENCE
G1.1.7
CATEGORY
Diversity Of Board Members
METRIC
Composition of the Governing Body
UNIT
Board Members

Definition

This metric tracks how many individuals who sit on the company’s board of directors are over 50 years of age, as measured on December 31st of the reported year.

Expanded Definition

The process to nominate and elect an organization’s board directors is dependent on local rules and regulations. The GRI defines a governance body as “the committee or board responsible for the strategic guidance of the organization, the effective monitoring of management, and the accountability of management to the broader organization and its stakeholders.”