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Story perspectives

Stagnant Diversity on S&P 500 Boards Despite DEI Efforts

2/20/2026

23 5 Full Breakdown

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Story summary
  • A recent analysis finds that S&P 500 boards are not increasing the diversity of their directors despite DEI policies.
  • The share of new directors who are people of color remains 18.6%, with 81.4% White.
  • The findings show no significant improvement compared with a decade ago, including stagnation of women and minority directors.
  • Anti-diversity activists criticize DEI initiatives despite data indicating that companies have moved away from these goals.