Having more women on boards makes business sense. Hong Kong gets it
Despite global progress in gender equality, the World Economic Forum predicts it will take another 134 years to achieve gender parity. While some regions show signs of stalled progress, Hong Kong is demonstrating a positive trend, particularly in its capital markets, as the city celebrates International Women’s Day.
Hong Kong's near-total compliance with the ban on single-gender boards, requiring at least one woman per board in over 2,600 listed companies, is a significant step. This seemingly small requirement is expected to catalyze a broader "diversity journey" within companies, creating more opportunities for women in leadership and fostering a more inclusive workplace culture. The hope is that these company-led initiatives, spurred by the ban, will lead to sustainable and market-driven change.
via SCMP Full Text Feed
Despite global progress in gender equality, the World Economic Forum predicts it will take another 134 years to achieve gender parity. While some regions show signs of stalled progress, Hong Kong is demonstrating a positive trend, particularly in its capital markets, as the city celebrates International Women’s Day.
Hong Kong's near-total compliance with the ban on single-gender boards, requiring at least one woman per board in over 2,600 listed companies, is a significant step. This seemingly small requirement is expected to catalyze a broader "diversity journey" within companies, creating more opportunities for women in leadership and fostering a more inclusive workplace culture. The hope is that these company-led initiatives, spurred by the ban, will lead to sustainable and market-driven change.
via SCMP Full Text Feed
