Female Representation on Boards and Carbon Emissions: International Evidence

This paper examines the effect of board gender diversity on firms’ carbon emissions. Using a sample
of firms from 43 countries during the 2005-2019 period, we establish that firms with more genderdiverse
boards have a lower carbon footprint. Our results are shown to be robust for a battery of
sensitivity checks, including the use of alternative definitions of board gender diversity, multiple
estimation methods, inclusion of additional control variables, and potential endogeneity concerns.