Australian Gender Equality Council (AGEC) is proud to launch the Towards Board Gender Parity report, which showcases how Australia has now reached 30% of women on boards, making it one of three countries to do so without the imposition of legislated quotas. AGEC spearheaded the project in conjunction with the Australian Institute of Company Directors (AICD). The research was published by the University of Queensland Business School, Lead Researcher and Senior Lecturer in Leadership with the UQ Business School, Dr Terrance Fitzsimmons and AGEC Managing Director. Towards Board Gender Parity outlines how the percentage of women on ASX200 boards now stands at 33.6 per cent (as at 30 June 2021), compared to just 8.3% in 2009. It highlights the principal organisations and bodies behind the results, and what next steps might be taken towards achieving board gender parity. Importantly the recommendations highlight the importance of continued momentum to achieve parity include adopting a 40:40:20 model for not just boards but the C-suite as well, and establishing a formal alliance to drive the next wave of change. In highlighting some of the risks and barriers to progression, such as accessible and affordable childcare and societal norms for women, the Report clearly signals the need for a formal alliance between the key influencers who have brought about this success, and which AGEC looks forward to being part of.
