The benefits of diverse leadership teams are gaining traction in the business world. There have been an increasing number of studies surrounding the debate whether a leadership team with gender diversity has a tendency to yield higher profits for companies.

In this paper, CGLytics explores boardroom gender diversity in Australia, with a particular focus on the upcoming ASX diversity targets.

Key takeaways

  • Australia is far from reaching the ASX Code target – companies are lagging well behind the target of 30% of female board members by January 1st 2020.
  • Women comprise less than 15% of all CEO and chair positions
  • The Issue of Overboarding – 69.7% of women hold more than four board positions, demonstrating a need to develop new candidates and look outside exisiting networks.

Investors expect companies to embrace change and respond to their proscriptions with regards to gender diversity. There exists a sense of urgency for Australian companies to address the issue of gender diversity, as this trend will likely expand in scope to include other areas such as ethnicity and age.

Download Now: Gender Diversity In Australia

Dive into Relationship Mapping With CGLytics

In order to widen the pool of candidates so boards can hit targets for skills and diversity, nominations and governance committees need to make use of data driven tools.

The CGLytics tool for Nominations and Governance committees gives boards access to over 125,000 director profiles, filterable by age, gender, skills and experience.

Learn more

Latest Industry News, Views & Information

In the spotlight: EQT Corporation Proxy Statement

In this article, CGLytics takes a look at the upcoming EQT Corporation AGM resolutions and how the CGLytics platform analytics can help promote engagement between the company and shareholders.

Debenhams: The Fall of a High Street Chain

Following the entry into administration of Debenhams, CGLytics takes a look at some of the key governance analytics, and how they could have been indicators that change was needed

McKesson Versus the State of West Virginia

Drug distribution companies are experiencing significant reputational and financial risks as a result of the Opioid Crisis in the US. In this article we take a look at how a lack of regulatory and risk experience may have impacted the McKesson Corporation.

Exciting Announcement: Glass Lewis and CGLytics Sign Global Compensation Data Analytics Partnership

Glass Lewis’ CEO compensation and Say on Pay analyses now available on the CGLytics platform for over 5000 corporates.

Access the same data analysis, peer groups and tools, used by Glass Lewis for reviewing CEO Compensation and Executive Pay Plans

Learn more