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 Eleanor Catton Rumpus

If anyone was in doubt about the accuracy of the comments made in India by Eleanor Catton, the reaction from some quarters here at home has gone a long way to proving her point.

By ‘some quarters’, I mean (a) RadioLive host Sean Plunket who called Catton a “traitor” and (b) Prime Minister John Key who dismissed her views as being those of a typical Green Party supporter, which is apparently almost as bad.

In context, Catton seemed to be talking about the mixed feelings she felt after what she had created suddenly becoming a kind of public property claimed by the entire country and its leaders. That must feel weird at any time, in any place. Catton evidently finds it particularly alienating when the government of the day has shown little interest in the arts beyond their promotional/economic value. More>>

 

More Rent Assistance, Less State-Owned Housing: John Key Speech - Next Steps In Social Housing

"We are going to ensure that more people get into social housing over the next three years, whether that is run by Housing New Zealand or a community provider. The social housing budget provides for around 62,000 income-related rent subsidies a year. We are committed to increasing that to around 65,000 subsidies by 2017/18, which will cost an extra $40 million a year." More>>

ALSO:

The Future Of Work: Andrew Little - State Of The Nation 2015

In 2005 when I led the EPMU we worked together with Air New Zealand to find a way to keep engineering jobs that were heading overseas. A lot of these workers were people I’d known for years and they were facing not just losing their jobs but not being able to find the kind of work they do without going overseas. A lot of people were facing personal and financial upheaval.... More>>

ALSO:

Gordon Campbell: On The Sabin Case, The Pressures On Greece And (Songs About) Coyotes

Mike Sabin is a National MP, and the current chairman of Parliament’s law and order committee. Yet reportedly, he is being investigated by the Police over an assault complaint... However, the PM will not comment on any aspect of the story. More>>

ALSO:

Houses, ISIS, King (& Catton): PM Post-Cabinet Press Conference

The Prime Minister met with reporters to discuss: • Social housing, the Auckland housing market • The prospect of joining international forces to combat ISIS • David Bain’s compensation • The lowering of the flag for the King of Saudi Arabia's death ... More>>

ALSO:

Gordon Campbell: On Tomorrow’s Speeches By John Key And Andrew Little

The Key government has already kicked off the political year on a stridently ideological note, with Environment Minister Nick Smith choosing to lay all manner of sins at the door of the RMA. Tomorrow, the government will wheeling out its best salesman – Prime Minister John Key – to sell its plans for state housing… . More>>

ALSO:

Transport: Auckland Looks To Light Rail

The Board of Auckland Transport has called for an investigation into a light rail network, which could relieve traffic congestion on some of the region’s busiest roads. This stems from work in 2012 (the City Centre Future Access study) which responded to a government request to develop a robust and achievable solution for access to the CBD. More>>

ALSO:

RMA: Smith's Claims Don't Match Evidence - Greens

The Motu group’s research into the impacts of planning rules looked at the costs related to housing development but not the benefits of environmental protections and does not recommend significant changes to the RMA to reduce the cost of new house builds. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news