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Just one in 10 ASX 200 chairmen is a woman

Just one in 10 ASX 200 chairmen is a woman
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

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Inviting six directors to lunch gives you access to almost half the ASX 200


Corporate Australia has long been regarded as an exclusive club. Now we know just how exclusive.
Research by OpenDirector has found that inviting just six company directors to lunch would cover 48% of companies on the ASX 200 and 75% of its market capitalisation.
Many ASX 200 company directors are from the same talent pool. With Telstra and Wesfarmers as possible exceptions, few boards take risks to nominate directors with different demonstrable skills and backgrounds.
A recent example is Westpac which on March 1 recruited the very seasoned Nora Scheinkestel, who has been on more than 10 ASX boards. The Westpac board looks very “classic”.
The hypothetical lunch test is one way of demonstrating how many companies have only one degree of board separation between them. ....

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Why 2021 will be the year of investing in renewables


Why 2021 will be the year of investing in renewables
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Last year was was not only marked by the outbreak the deadly coronavirus pandemic. It was also the year when Australian companies wholeheartedly focused their attention on environmental, social and governance issues, says one of the country’s most senior directors
Karen Moses says a sharper focus on climate change and ESG will bring significant investment. 
Dominic Lorrimer
The focus on ESG is another reason to be optimistic about the local economy, she says, and is occurring despite the absence of a strong policy framework from the federal government. ....

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