Publicly listed companies will come under new pressure to promote women to boards and management under proposed new stock exchange rules.
NZX chief executive Mark Weldon told The Listener that the stock exchange will be proposing new rules that will require all publicly listed companies to declare how many women and minorities they have in senior roles and as directors.
"What we would intend to consult on and would seek feedback on is a proposal that would see companies required to report on or disclose on the gender and other diversity makeup of board and management."
The change is to be part of NZX's biannual rules review process, and could take force from June 2012.
AdvertisementAdvertise with NZME.
Are rules needed to get more women and minorities at the top of NZ companies? Here is the latest selection of Your Views: