Global Woman wants 30% target for female directors in updated NZX Code

Tue, 25 Oct 2016

By Fiona Rotherham Oct. 25 (BusinessDesk) - Diversity champion, Global Women, wants to see a minimum target of 30 percent female board composition of NZX-listed companies as a best-practice standard benchmarked globally by 2020. The leadership lobby group included the target in a submission to the NZX’s proposed changes to corporate governance reporting requirements, the first review since 2003. According to New Zealand’s gender diversity statistics, women comprise 16 percent of board members and 28 percent of senior management officer...

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