The 30 Greek listed companies that are governed by Boards of Directors that are characterised by the greatest diversity were presented in "The RSM Board Diversity Survey" by RSM Greece.

Within the framework of the survey, an analysis of 142 Greek listed companies was carried out, and the 30 companies that were distinguished are presented in alphabetical order and by sector, while according to the methodology of the survey, the companies were rated according to the 10 categories of diversity and inclusion criteria.

In the context of the survey, the companies listed on the Athens Stock Exchange are presented in alphabetical order and by sector, and based on the survey methodology, the companies were scored according to the 10 categories of diversity and inclusion criteria.

The evaluation factors were membership by gender, diversity in terms of skills of members, number of minority gender members in leadership positions, foreign members on the Boards, participation or not of members of the same family, percentage of executive members in the total Board of Directors, and diversity in terms of ages of board members.

The scoring criteria are complemented by the level of education of the board members, their experience in different industries compared to the one in which the company in question operates, and the participation by gender in the board committees.

The highest scores by sector

The 30 Greek companies listed on the Athens Stock Exchange with the most diverse Boards of Directors that scored the highest scores in alphabetical order and by sector of activity are as follows:

REAL ESTATE

• BRIQ PROPERTIES
• INTERCONTINENTAL INTERNATIONAL
• LAMDA DEVELOPMENT
• ORILINA PROPERTIES 
• REDS 
• TRADE ESTATES 

BANKS

• ALPHA SERVICES
• ATTICA BANK
• EUROBANK ERGASIAS SERVICES AND HOLDINGS
• NATIONAL BANK OF GREECE 
• PIRAEUS FINANCIAL HOLDINGS 

TRAVEL & LEISURE

• AEGEAN AIRWAYS
• INTRALOT 

INDUSTRIAL PRODUCTS & SERVICES

• CENERGY HOLDINGS
• METLEN ENERGY & METALS
• THESSALONIKI PORT AUTHORITY 

SERVICES OF GENERAL INTEREST

• ADMIE HOLDINGS
• PUBLIC ELECTRICITY COMPANY 
  
  

TECHNOLOGY

• IDEAL HOLDINGS 
• QUEST HOLDINGS 

TRADE

• JUMBO 
  
  

FOOD, BEVERAGES & TOBACCO

• COCA-COLA HBC AG

CONSTRUCTION & CONSTRUCTION MATERIALS

• TITAN CEMENT INTERNATIONAL 

RAW MATERIALS

• VIOHALCO

FINANCIAL SERVICES

• GREEK STOCK EXCHANGES - ATHENS STOCK EXCHANGE JOINT STOCK COMPANY

INSURANCE

• INTERLIFE 

TELECOMMUNICATIONS

• OTE 

It is noted that in 2021, RSM Greece for the first time prepared and published the survey "The RSM Board Diversity Survey" having as a trigger the change of dynamics in the Boards of Directors of Greek listed companies, in accordance with the requirements of the relevant law. 4706/2020.

This year, for the first time, following the publication of the fourth edition of the survey, the top 30 Greek listed companies that were distinguished for their approach to diversity and diversity in the structure of their Boards of Directors are presented.

The assessment was carried out with absolute objectivity, based on 10 specific criteria reflecting the multi-dimensional nature of diversity, its impact and importance in company management and strategic decision making.

The predominant sectors among the 30 companies that were distinguished are Real Estate, Banking, Travel & Leisure, Industrial Products & Services and Utilities.

Some points for which these companies stand out in terms of equal representation and diverse structure of their Boards of Directors are:

• Gender: Representation of each gender of at least 33%, compared to 26% in the other 112 companies, exceeding the 25% stipulated by the Law. 4706/2020.
• Independence: 77% of the members are non-executive, with 43% independent, compared to 63% and 36% respectively in the other companies.
• Skills: Expertise in areas such as HR, ESG and IT, with 7% of total skills compared to 3% in other companies.
• Family relationships: Members of the same family make up less than 6% of Board
• members.Leadership positions: 10 out of 30 companies have women in leadership positions, with 4 CEOs, compared to 5 in the other 112 companies.
• Experience in different industries: 57% of Board members have experience in different industries, compared to 43% in the other listed companies.

Vassilis Petinis, Managing Partner of RSM Greece said. We aspire to motivate Greek companies to see diversity not as a formal obligation but as a key pillar of their growth and sustainability. Highlighting best practices serves as a guide, showing that board diversity is not just an ethical choice, but a strategic necessity that leads to better decision-making, greater innovation and long-term business success. In this way, we want to contribute substantially to the transformation of the Greek business culture, promoting a more open and inclusive environment for all."

The ranking of the companies, but also the results of "The RSM Board Diversity Survey" more broadly, highlight the fact that the ideal Board of Directors is one that does not exclude people from different genders, nationalities, religions and social backgrounds. In this way, an environment that fosters creativity and innovation can be developed so that the corporate function is promoted and evolves with exceptional efficiency. This framework also enhances the company's ability to adapt to an ever-changing environment and to make strategic decisions that give it an edge in the marketplace.

These companies can be role models in terms of the composition and functioning of the Boards of Directors of today and tomorrow. With continuous improvement, diversity can be a strategic advantage, contributing to the long-term success and sustainability of today's and tomorrow's companies.