Our Views
Meritocracy
And Diversity
Can Co-Exist
We support appointing board directors based on merit. However, board diversity is crucial to achieve sustained, long-lasting change.
Quotas Do Not
Guarantee
Ensuing Benefits
We are interested in having women on boards for the benefits that it brings. Meeting quotas does not guarantee that benefits follow.
Suitable Women
Candidates
are Available
Look beyond personal networks and re-examine the typical profile of board directors. The pool of candidates could be much larger than expected.
Sponsors Play an
Important Role in Growing Board Talent Pool
With their influence, sponsors that take an active role in the advancement of high-potential individuals open doors and ensure talent doesn’t go unnoticed.
Boost Investor
Confidence Through Diversity Disclosure
Companies disclosing their board diversity policy in the right spirit will help raise the profile of Singapore-listed issuers.
STATE OF board diversity disclosure OF SGX-LISTED ISSUERS
Listing Rules on board diversity disclosures came into effect for annual reports for financial years commencing on or after 1 January 2022.
What is the state of reporting of listed issuers in Singapore? What are the views of selected retail, institutional and global investors on the quality of disclosures?
SINGAPORE BOARD DIVERSITY REVIEW 2024
Board diversity progressed strongly across SGX-listed companies, statutory boards and charities in 2023, with the proportion of women directors rising to the highest on record, finds the Council for Board Diversity’s latest annual study on board gender diversity.
The data review, spanning from 2013 to 31 December 2023, was conducted in collaboration with the Centre for Sustainable Finance Innovation (CSFI), Nanyang Technological University, Singapore.
The climate in the boardroom
The urgency of climate change, interest in sustainability disclosures, and emerging regulations call for change to be driven from the top. This was the focus of The Climate in the Boardroom, a compact lunchtime forum hosted by the Council for Board Diversity following Day 1 of Ecosperity Week.
Featuring speakers Loh Boon Chye (Co-chair, Council for Board Diversity and CEO and Board Member, SGX Group), Mindy Lubber (CEO & President, Ceres), and moderator Deborah Ho (Country Head of Singapore and Regional Head of SE Asia, BlackRock), a 30-minute panel discussed practical ways companies can navigate the low carbon transition, deliver long-term value, and stay true to all stakeholders.
Attended by 70 board directors and senior sustainability leaders from across sectors, and even region, The Climate in the Boardroom also offered a good reminder that diversity adds to decision-making and innovative solutions to sustainability challenges.
Progress of Women on Boards
As at 30 June 2024
As at 30 June 2024
As at 30 June 2024
