Just 18 percent of the delegates at this year's World Economic Forum in Davos, Switzerland, are women. That's hardly enough.
Caroline Anstey, global head of UBS and Society, UBS's sustainability arm, said that while gender equality has improved, conferences and boardrooms should better reflect the world's population.
"I don't ever like to see all-male panels. I don't think there should ever be such a thing," Anstey told The Huffington Post's Caroline Modarressy-Tehrani.
Multiple studies have suggested that if women fully participated in the workforce, they would provide a substantial boost to GDP in their countries.
Companies, too, can take serious action to improve gender equality by being transparent about hiring and by outlining clear metrics to increase the diversity of their boards, according to Antsey.
"It's just about recognizing human potential," she said.
CORRECTION: An earlier version of this story incorrectly stated that Antsey is head of UBS's philanthropy arm.
More stories from the World Economic Forum 2016:
The Secret To Ending Plastic Waste And Its Devastating Impacts
World's Business Elite Are Stressed About Our Robotic Future
CEOs Are Waking Up From Obsession With Profits And Facing Harsh Reality
How Widening Economic Inequality Could Shake The Whole World
Getting 196 Countries To Agree On Climate Change Was ‘The Easy Part’
The Surprising Way Portraits Of Powerful Women Change The Mindsets Of Girls
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