California has had a rough few months. There was the summer surge in COVID cases, wildfires that set grim new records — officials have now announced that 4 million acres have been burned throughout the state — and the subsequent toxic, smoke-filled air that enveloped the West Coast, sometimes for weeks on end. In other words: The Golden State could use a ray of sunshine.
There is promising news, though, too—for those who aim to diversify corporate boards. Today, new data on women’s representation on corporate boards in California is being revealed. The report, made exclusively available to Fortune, was commissioned by California Partners Project, a nonprofit co-founded by the state’s First Partner, Jennifer Siebel Newsom. Siebel Newsom's organization shared the findings with Fortune ahead of her appearance at the Fortune Most Powerful Women Next Gen Summit on Tuesday.
“There is this positive radiation that happens when women are at the table making decisions,” says Siebel Newsom, a filmmaker who has focused much of her work on gender equity, in a phone interview with Fortune.
It all started in 2018, when then-Governor Jerry Brown signed a bill into law to require publicly-held companies headquartered in the state to have at least one woman on their board of directors by the end of 2019.