Diversity remains absent from governing bodies of large French companies

A study published Monday shows that within 120 large French groups, only 3.5 % of executive committees and 4.2 % of the members of the Boards of Directors are people from visible minorities.

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An “edifying” observation, an “overwhelming” inventory: within the SBF 120, the stock market index which brings together 120 large French companies (including those of CAC 40), only 3.5 % of managers Executive committees (Comex) and 4.2 % of the members of the Boards of Directors (CA) are people from visible minorities (identified as non -white), or bearing a name with African, Maghreb or Asian sounding. The SBF 120 also has only four Chief Executive Office (“Managing Director or Chairman and CEO”) from visible minorities, two have an extra-European nationality and two are binational. This is revealed by the study on ethnocultural diversity in the governing bodies of the SBF 120 published Monday May 16 and carried out by Mozaïk HR, recruitment firm specializing in inclusion, and Me and You Too, which fights against discrimination at work.

“Objectifying the situation should allow companies to get out of denial and progress,” hopes Said Hammouche, founding president of Mozaïk. To companies, but also to the State, worse, even more than the first in some cases. Indeed, in the twenty companies where it has a participation of more than 10 % of the capital and/or at least one seat on the board of directors, the percentage drops to 1.7 % in the Comex. On the other hand, it is a little higher than the average in the boards of directors: 5.3 % – knowing that the members of the CAs are appointed by the shareholder assembly, while the executive councils are composed of the leaders occupying the highest positions within the organization. “The State should be exemplary and more vigilant than any other, it is not,” denounces Inès Dauvergne, president and co -founder of Me and You Too.

“skills mess”

To carry out their work, the authors looked at the study of the profiles of the 3,272 members of the executive committees and the boards of directors (respectively 1,773 and 1,499 people) of the companies listed at the SBF 120 at the December 31, 2021. Three tools were used to measure ethnocultural diversity: everyone’s photos (in order to determine if people are perceived as non-white), sole-European consonance surnames (African, Maghreb and Asian), and nationalities (European and extra-European). “In France, ethnic statistics are certainly prohibited, but it is possible, while remaining in legality, to measure the diversity of origins as long as we respect the anonymity of people, says Said Hammouche. With this study , companies will no longer be able to say that they do not know or that they do not have the right to know. “

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/Media reports.