The E.U. strategy on diversity management in the banking sector

In the E.U., immediately after the financial crisis of 2007-2009, some legislative measures were taken on the subject of diversity. The interventions of the legislator emphasized the relevance of diversity of sex, age, cultural back-ground, and geographical origin both in the composition of the administrative and control bodies and in the management of companies. In more recent years, the E.U. legislator has focused its attention on the issue of sustainability and on the reporting of the results that companies achieve from an environmental, social and governance point of view. The production of legislation has also been accompanied by an intense proliferation of academic literature amid a growing concern among the business world about the integration of ESG objectives into the usual financial and economic purposes of companies. In this context, the management of diversity and, consequently, the attitude of companies toward inclusion, has become not only a declination of sustainability,