Diversity committee targets 30% of board seats for women by 2030

THE Diversity Action Committee (DAC) has adopted an escalating set of targets to raise women's share of board seats over the next 13 years, which if met could lead to women filling 459 more board seats by 2020 than they currently occupy.

 

The DAC, which was formed in 2014 to address the under-representation of women on boards of Singapore-listed companies, called its plan a "hop, skip and jump" approach: a 20 per cent share of board seats for women by 2020, then 25 per cent by 2025, and finally 30 per cent by 2030.