Pace of Boardroom Change Slowed in Australia This Year

The video discusses a campaign to increase diversity on Australian company boards, aiming for 30% women representation by 2017. Despite some progress, challenges remain, with 12 companies still lacking female board members. The campaign uses proxy voting as leverage, supported by major pension funds. International comparisons highlight stricter diversity standards elsewhere. The discussion also addresses the talent pipeline and the misconception of merit-based appointments.

What was the target percentage of women on boards set for the top 200 companies in Australia by 2017?

• 25%

• 20%

• 35%

• 30%

What was the percentage of women on ASX200 boards 10 years ago?

• 5%

• 15%

• 8%

• 12%

What percentage of board appointments were women in the previous calendar year?

• 27%

• 42%

• 50%

• 35%

What tool is being used as a 'stick' to encourage companies to increase board diversity?

• Government regulations

• Financial penalties

• Proxy voting rights

• Public shaming

What is a common excuse given by companies for not appointing women to boards?

• Male-dominated industries

• High turnover rates

• Lack of interest from women

• Insufficient qualifications