Statistics as at
Dec 2021
Progress of Women on BoardS
1
%
Top 100 Primary-listed Companies
As at 1 Jan 2022
As at 1 Jan 2022
1
%
Statutory Boards
As at 31 Dec 2021
As at 31 Dec 2021
1
%
Top 100 Institutions of a Public Character
As at 31 Dec 2021
As at 31 Dec 2021
News Release
Women’s participation on Singapore boards reaching 20% at top companies, 30% at statutory boards
- Women’s participation on boards (“WOB”) of the 100 largest companies listed on the Singapore Exchange (“SGX”) increased to 19.7 per cent as at 1 Jan 2022, from 17.6 per cent in Dec 2020.
- WOB of the 100 largest companies listed on SGX first increased to 18.9 per cent as at 31 Dec 2021, before rising further to 19.7 per cent on 1 Jan 2022.
- Women’s share of directorships at statutory boards rose to 29.7 per cent as at end-2021 following a net increase of 25 women directors.
- At the 100 largest Institutions of a Public Character (“Top 100 IPCs”), women’s share of directorships stayed broadly the same. It slipped 0.4 percentage points to 28.4 per cent due to changes in the constituents of the Top 100.
- The number of long-serving independent directors on the Top 100 companies decreased to 50, or 10 per cent of independent directors, at end-2021 from 87, or 17 per cent of independent directors, in 2020, reflecting improvements in board renewal in 22 companies.
- A key driver for board refreshment was the nine-year rule for independent directors, which took effect on 1 Jan 2022.
