Bill 118 H.Res. 790, titled "Expressing the sense of the House of Representatives that corporations should commit to utilizing the benefits of gender diversity in boards of directors and other senior management positions," is a resolution introduced in the US Congress. The purpose of this resolution is to encourage corporations to prioritize gender diversity in their leadership positions, specifically in boards of directors and senior management roles.
The resolution highlights the benefits of gender diversity in corporate leadership, emphasizing that diverse perspectives and experiences can lead to better decision-making, increased innovation, and improved financial performance. It also acknowledges the underrepresentation of women in these positions and calls on corporations to take proactive steps to address this imbalance.
While the resolution does not impose any specific requirements or regulations on corporations, it serves as a statement of support from the House of Representatives for promoting gender diversity in corporate leadership. It urges corporations to make a commitment to actively seek out and promote qualified women for positions of leadership within their organizations.
Overall, Bill 118 H.Res. 790 aims to raise awareness about the importance of gender diversity in corporate leadership and encourage corporations to take meaningful steps towards achieving greater gender balance in their boards of directors and senior management positions.