Female board representation at the S&P 500 has not increased significantly over the past decade and, at 18.7 %, pales in comparison to the figures in most of Europe.
Not exact matches
Today's appointment by Independence Group of its first
female board member has taken it off the list of ASX200 companies lacking
female representation on their
boards, although four other Western Australian businesses remain among those still to adopt gender diversity
at board level.
The business community's continued failure to increase
female representation at board and executive level has drawn fresh arguments for mandatory quotas and more flexible working conditions, with the
Microsoft has diverse
representation at its highest ranks, including an African - American
board chairman, an Indian CEO and a
female CFO, but the overall statistics aren't flattering: the company is 61 % white and 71 % male.
The Equilar Gender Diversity Index looks
at the
female representation on the
boards of the biggest companies in the United States.
But if the business case was so compelling, why had
female representation on
boards stalled
at around 10 % in Canada?
Most Canadian business leaders agree that more women are needed on corporate
boards —
female representation has hovered
at about 10 % for years.
Women are being appointed to ASX200
boards at a faster rate than ever, but a number of major Western Australian companies remain without any
female representation on their
boards.
At Marks & Spencer,
female board representation has risen to 41.7 %, from 27.3 % four years ago.
The MSCI Canada IMI Women's Leadership Select Index is based on the MSCI Canada IMI Index and aims to include companies which are leaders in Canada in terms of
female representation on
boards and in executive leadership positions and have
at least 30 %
female directors, or
at least three
female directors, or two
female directors and one woman in a current executive leadership role.
The bank's chairman, Sir Win Bischoff, is a founding member of the 30 % Club — an initiative that encourages UK companies to aim higher than the Davies Review 25 % target, setting a goal of
at least 30 %
female representation on
boards by 2015.