California Advocacy | NAWBO

NAWBO Advocacy

Advocacy

California Advocacy

Advocacy

SB 826: NAWBO CA is Leading the Initiative to Put More Women on Corporate Boards

More women are needed in top leadership positions. SB 826 is a proactive approach to achieving equity in the boardroom. California is the 5th largest economy in the world and as an economic powerhouse we have an opportunity to take the lead on this issue. In order to finally achieve gender equity in the workplace, including fair representation, pay parity, safer workplaces, and greater work-life balance, changes need to occur at the top of the corporate structure. Women’s high-level involvement in corporations clearly provides a benefit to corporations and to the economic strength and vitality of our state.

Learn more about SB 826 and how to support the legislative efforts of NAWBO California.

NAWBO CA advocates on behalf of women business owners with the goal to open doors for women entrepreneurs and creating a business environment that supports their growth by influencing public policy and opinion makers in California. Issues of concern may include access to government contracts, regulations that impact small business owners, taxes, health care, employment practices, access to capital, and other issues related to their businesses.

In August 2017, NAWBO-CA leaders stared down a friendly bear inside the State Capitol, in front of the Governor's office, on their way to testify before the hearing about women on boards, chaired by State Senator Hannah-Beth Jackson (Santa Barbara). The Senate Select Committee on Women, Work and Families heard the economic issues and research showing low numbers of women directors on public company boards in CA and explored why there has been little gain since the NAWBO-CA Resolution SCR 62 was passed in September 2013. Participants came to Sacramento at their own expense.

Senator Jackson will compile all suggestions to consider possible incentives for public companies to add more women directors to their boards. NAWBO-CA supports this initiative because it's good for the state's economy--companies perform better and are more profitable when women serve on their boards, and women business owners are well-positined as potential candidates to serve on corporate boards. Click here to watch a video of the hearing.