Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


25 Percent Group Launches Voluntary Code of Practice


Embargoed until 8.30am, Thursday 29 November 2012

25 Percent Group Launches Voluntary Code of Practice for Board Recruitment


A voluntary code of practice aimed at increasing female representation on boards was launched in Auckland today by diversity advocates, the 25 Percent Group.

Drawn up in consultation with leading recruitment and executive search agencies, the Voluntary Code of Practice for Board Recruitment seeks to assist the appointment of suitably qualified women to board and senior executive positions.

The code draws on international research into the role of recruitment companies in supporting and promoting gender diversity.

The 2012 Gender Diversity on Boards report by the Equality and Human Rights Commission found recruitment and executive search firms as key stakeholders in changing the landscape of women on boards through their role in identifying potential candidates for board positions.

Recruitment company signatories to the voluntary code have made a commitment to embed the provisions in their practice and pledged to ensure that when identifying candidates for board positions at least 25 percent on long lists will be women.

They have also committed to encouraging boards to include women among those short listed.

25 Percent Group Convenor and CEO of Goldman Sachs New Zealand, Andrew Barclay said the newly launched code challenges organisations to look more broadly when making board recruitment decisions.

“It does not make economic or commercial sense for us to continue to overlook the talents and experience of our total workforce when establishing boards or replacing board members.

“The Code aims to encourage boards to be more representative of the businesses, shareholders and consumers they serve. Greater diversity contributes to improved long term performance of individual companies and the economy in general,” Mr Barclay said.

A 2011 Goldman Sachs economic research report estimated that closing the gap between male and female employment rates would boost New Zealand's GDP by 10 percent. The report identified the lack of women in leadership, and on boards in particular, as an area requiring urgent attention.
Figures from the Ministry of Women’s Affairs show that women account for 14.75 percent of directorships of the country’s top 100 listed companies, up from 9.3 percent in 2010.

Minister for Women’s Affairs, Jo Goodhew, attending the launch of the Voluntary Code of Practice for Board Recruitment, applauded the initiative and said the Code was a positive step towards further advancing diversity in the boardroom.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Aftermath Of The Greenwald/Snowden Revelations

The credibility issues have come down to two main ones:

1 The email This has to do with whether Key knowingly agreed to use our immigration rules as a tool to ensnare and ultimately extradite Kim Dotcom, and do so largely at the behest of Hollywood’s leading corporates and their best friend in the White House, vice-President Joseph Biden. Some of the debate in the last few days has turned on the reliability of a Warners email that seems to set out this plan in black and white. IMO, the email is just the icing on the cake...

2. Mass surveillance Earlier to day I was going to try to explain the difference between what Edward Snowden/Glenn Greenwald were talking about (ie mass surveillance via the the cable-accessing SPEARGUN programme and the Xkeyscore analytical programme) and what Key has chosen to talk about instead in order to deliberately distract and confuse the public. Then I found that Keith Ng had not only beaten me to it, but had done so with beautiful lucidity. More>>

Out-Link - "Project SPEARGUN underway" • OnPoint • Public Address

 
 

Parliament Today:

Pre-Election Chartering: Four New Partnership Schools To Open

Education Minister Hekia Parata today announced the Government has signed contracts to open four new Partnership Schools in 2015. More>>

ALSO:

Werewolf 50 Out Now - The Election Issue: Loss Leaders

Gordon Campbell: A third term requires a mature decision, with eyes wide open. It calls for a conscious vote of confidence… Without trying hard here are about 19 reasons, in no particular order, for not ticking ‘party vote’ National. More>>

ALSO:

Not-Especially New Plans: All Prisons To Become Working Prisons Under National

All public prisons in New Zealand will become full working prisons by 2017, and ex-prisoners will receive post-release drug addiction treatment if National is returned to government, says Corrections Spokesperson Anne Tolley. More>>

ALSO:

Māngere: "False Claim Of Matai Title" - Labour

National must explain why its candidate for Māngere Misa Fia Turner appears to be using a Matai title she is not entitled to, Labour’s MP for Māngere and Pacific Islands Affairs spokesperson Su’a William Sio says. A Matai title is a legally-recognised ... More>>

ALSO:

CPAG Report: No New Zealand Child Should Grow Up In Poverty

Child Poverty Action Group's flagship policy publication Our Children, Our Choice: Priorities for Policy calls for cross party political agreement to underpin an action plan to eliminate child poverty in New Zealand. More>>

ALSO:

Gordon Campbell:
On National’s Phantom Tax Cut Package

Hmmm. So National’s tax cuts package turns out to be one of those television advertisements that screams a headline promise – perfect skin! a youth tonic that works! – while in very small print there’s an out clause: special conditions may apply. More>>

ALSO:

Water: New Marine Reserves On West Coast Opened

Five new marine reserves were officially opened by Conservation Minister Dr Nick Smith on the West Coast of the South Island to protect a range of marine ecosystems for conservation, science and recreation. More>>

ALSO:

Perception: Study Looks At Trustworthiness And Support Of Politicians

A University of Canterbury marketing study has looked at what impact the Thatcher Effect has on perceptions of trustworthiness and liking of New Zealand politicians leading up to the 2014 general election. More>>

ALSO:

History Lessons: Jamie Whyte At ACT Campaign Opening

It is nearly 20 years since the ACT party was born. Many people no longer remember why it was named ACT. They may imagine that it was on account of our determination to actually do things in parliament rather than simply occupy the seats and collect the salaries. That’s true but it isn’t the right answer... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news