12 Nov 2010

Call to force details on women in boardrooms

10:38 am on 12 November 2010

The New Zealand stock exchange is being urged to make listed companies explain how much progress they are making in redressing gender imbalance in boardrooms.

Recently released figures show less than 10% of directorships in the top 100 listed companies are held by women.

Equal Employment Opportunities Commissioner Judy McGregor says progress in fixing the imbalance is glacial.

Dr McGregor says the New Zealand stock exchange should follow the lead of its Australian counterpart, and require companies to publish how many women are in senior management positions, and on boards, and whether the companies are meeting their own gender targets.

NZX chief executive Mark Weldon says the exchange will put the data about itself in its own report, but he says it is not the stock exchange's place to force other listed companies to report on the matter.