The Johannesburg Stock Exchange (JSE) has the best gender balance on boards of any developing country in the G20, according to a report released on International Women’s Day.
The “Stock Exchanges Gender Equality” analysis report, issued by the Sustainable Stock Exchanges (SSE) Initiative looks at the gender composition of boards from the top 100 companies by market capitalisation on each of the G20’s major (22) stock exchanges.
The JSE’s listings requirements necessitate all listed entities to have a policy on the promotion of broader diversity at board level and to report against this annually. As a corporate, the JSE Board of Directors has 60% female representation, while 66.7% of the JSE’s executive committee are women. The JSE supports gender disclosure as an essential part of progressing the United Nation’s Sustainable Development goals.
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