Posts Tagged "Australia"

Australia: Meet Corporate Australia’s 20 Female Free Zones

June 2016. When the Australian Institute of Company Directors released its quarterly gender diversity report, the headlines were mostly about how women have made up 43 percent of new board appointments this year, up from just 5 per cent in 2009. However, not everyone has been enlightened on the benefits of gender diversity ...

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Australia: AICD Gender Diversity Progress Report

June 2016. The Australian Institute of Company Directors (AICD) recently released its quarterly report for March through May of 2016. The report notes that female appointments to ASX 200 boards have tracked above 40 percent so far in 2016, the highest rate since they began monitoring figures in 2009. This solid ...

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Australia: AICD Gender Diversity Progress Report

March 2016. The Australian Institute of Company Directors (AICD) recently issued its quarterly report on its campaign to achieve 30% female representation on ASX200 boards by 2018.  CEO John Brogden noted that in the past twelve months, ASX 200 companies have moved from 19.4% with a 27% appointment rate to 21.7% ...

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Stock Exchanges Address Boardroom Diversity

July 2015. Tara Giunta and Michelle Cline of  Paul Hastings LLP explore the role of stock exchanges in promoting gender diversity on corporate boards. The article from Ethical Boardroom reviews the varying stages of progress in Australia and New Zealand, Europe, and North America regarding diversity-related provisions in listing requirements. Although few ...

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Australia: Super Funds Take on ASX 200 Boards with No Women

July 2015. The Australian Council of Superannuation Investors, representing non-profit super funds who manage $400 billion, has threatened not to re-elect company directors who are perpetuating a "boys' club". The institutional investors are releasing a list of the 32 companies in the ASX 200 that have no women directors with the goal of increasing ...

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Australia: Executive Search Firm Adopts Gender Diversity Code of Conduct

March 2015. Crown & Marks, an executive search firm in Australia, recently announced that it will adhere to a voluntary Code of Conduct in response to Recommendation 8 in the Davies Review on Women on Boards. The code lays out ten principles to guide the company in its promotion of ...

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Australian Institute of Company Directors Calls for Boardroom Diversity

May 2015. The Australian Institute of Company Directors (AICD),  a voluntary association of directors of both publicly traded and private companies, recently released an announcement calling on all boards to ensure that 30% of their directors are female. The release urges S&P/ASX200 companies to meet this new target by the ...

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Australia: Women Make Up 20 Percent of Boards

April 2015. An update by the boardroom watchdog Australian Institute of Company Directors shows that as of March, women make up 20% of overseen boards. This is the highest level seen in Australia to date, but there is still progress to be made, with 34 ASX boards having no women at ...

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Australia: Corporations Could Face Quotas

March 2015. Notables in the Australian business community are spreading a message that if corporations don't diversify boards on their own, quotas could be on the way. Currently, 21 percent of non-executive director roles on Australian boards are held by women in, with 10 percent in key management personnel roles. Pressure ...

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The Conference Board: Women on Boards – Beyond Quotas

October 2014. The Conference Board recently released a report regarding going beyond quotas in order to achieve diversity in the boardroom.   The report outlines various alternatives to instituting quotas and examines diversity practices, including different approaches like mentoring programs in Australia. To download the report as a PDF, please click ...

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