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

  • All
  • Blog

SRD II and the ramifications for disclosure obligations

With the proxy season fast approaching SRD II is top of mind. Learn about the implications SRD II will have on disclosure of executive pay and corporate goverannce.

How Glass Lewis improved their executive compensation analysis and Say on Pay recommendations for European markets

Andrew Gebelin from Glass Lewis talks through how he and his team of analysts have benefited from using the CGLytics data and tools to improve their executive compensation analysis and Say on Pay recommendations for European markets.

Basic Energy Services, Inc. (BAS): Hitting the Brakes on Dilutive Granting Practices

Basic Energy Services, Inc. (BAS): Hitting the Brakes on Dilutive Granting Practices A little foresight can go a long way. Glass Lewis’ new Equity Compensation Model (ECM) tool allows users to predict the likely Glass Lewis voting recommendation for equity plan proposals, allowing companies to modify share requests, avoid potential pitfalls, and reduce the uncertainty … Continue reading "Basic Energy Services, Inc. (BAS): Hitting the Brakes on Dilutive Granting Practices"