In today’s briefing:
- Diversity Is a Goal of Effort Left to a Company with a Sideways Eye on the Government’s Seriousness
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Diversity Is a Goal of Effort Left to a Company with a Sideways Eye on the Government’s Seriousness
- The TSE listing rules that include numerical targets for female board members are limited to prime market listed companies, so the majority of listed companies are not covered.
- The “priority policy” on diversity is not budgeted or legislated. In the absence of underlying legislation, it is left to companies to decide how seriously they will implement it.
- Regarding “30% or more female board members by 2030,” if companies want to achieve this goal, they’ll have to rely on female outside board members to make up the numbers.