On December 1st last year, the New Zealand Stock Exchange introduced new listing rules about diversity reporting for publicly-listed New Zealand companies from 31st December 2012. Rule 10.5.5 (j) requires companies to provide in their annual report a quantitative breakdown as to the gender composition of their directors and officers at the balance date, including comparative figures in the following year. Rule 10.5.5. (k) requires that those listed companies who have a diversity policy provide an evaluation of their performance with respect to that policy in their annual report. A copy of the NZX Diversity Guidance Note is available on the tools and resources section of our website here.
In the three quarters to the end of September 2013 just over 70% of all 113 NZSX companies had issued their annual report. Figures recently released by NZX Limited show during the 9 months since the new listing rules came into effect, females account for 11% of directors in listed companies. And 96 out of 396 (20%) of officers are women. Although not a direct comparison, figures available from the Human Rights Commission’s New Zealand Census of Women’s Participation 2012, show that 15% of directors of the top 100 companies on the NZSX were women as at 14 May 2012. It will be interesting to see what story the figures tell when a full year of diversity reporting is available.
The EEO Trust offers two one-day workshops to existing and prospective women directors – an Introduction to Governance, and Finance & Strategy. Our December 6th workshop is sold out, but we are accepting expressions of interest for the next two workshops to be held in Auckland during March 2014 and May 2014. Please email firstname.lastname@example.org.
The Equal Employment Opportunities Trust AGM was held Thursday 28th November, at Te Papa in Wellington. Our 2013 Annual Report was tabled in Parliament on Wednesday 27th November and you can read it online here. If you would like any hard copies of the 2013 Annual Report, please email our Membership Coordinator on email@example.com.
Date: Wednesday 12th February, 9:00am – 1:30pm
This half-day workshop is an overview about the benefits of practicing Diversity in the workplace, and how to address various topics and/or issues that can arise. You will learn about cultural diversity, the benefits of working with your aged workers in a time of labour shortage, along with our younger workforce. Other diversity platforms will be covered using winning examples from our Diversity Awards that include, gender, lifestyle choices, religious beliefs, parental leave and more.
Date: Monday 10th March, 9.00am - 4.30pm
This is a workshop for managers and team leaders about identifying workplace bullying and harassment and how to deal with them promptly and effectively.
Date: Wednesday 12th March, 9:00am-3:00pm
Rhis course will cover: