The latest McKinsey report, “Diversity Matters Even More,” reinforces the undeniable link between diverse leadership and business success.

Companies with gender and ethnic diversity on their executive teams are significantly more likely to financially outperform their peers. This report, drawing from a robust dataset of 1,265 companies across 23 countries, reveals that leadership diversity is not just about financial returns—it also leads to greater social impact, more satisfied workforces, and stronger environmental outcomes.

Top insights include:
-A 39% higher likelihood of financial outperformance for companies in the top quartile of gender and ethnic diversity.
-Leading companies in the U.S. have reached 50% representation of women on executive teams and 39% of executives from historically underrepresented ethnicities.
-Beyond financial success, diverse leadership teams are linked to better community involvement and enhanced corporate social responsibility.
It’s clear: in today’s complex business environment, diversity matters more than ever—not only for the bottom line but for holistic, positive impact on society and the environment.
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