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Department of Premier and Cabinet

Women on Board Strategy 2015-2020 - 2017 Report

INTRODUCTION

The Women on Boards Strategy 2015-2020 was released in July2015. The Strategy committed the Tasmanian Government to a target of 50 per cent representation of women across Tasmanian Government boards and committees by July 2020.

At the time of the Strategy’s release, 33.8 per cent of all board positons were held by women. At 22 September 2017, this had increased to 40.1per cent. This is an increase of 6.3percentage points on the 2015 figure and nearly a 19per cent increase on the ratio of women holding board positions.

The Strategy is one of a number of initiatives that the Tasmanian Government is undertaking to increase the number of women in positions of leadership and decision-making, and to highlight the role and value of women in society.

SUMMARY

Research and current data continue to show that women are under-represented in positions of leadership and decision-making across government, community and business.

The Women on Boards Boardroom Diversity Index, which was launched in 2010, measures the participation of women on the boards of Australian organisations. The Index shows that while there has been an increase in the percentage of women on governing boards since the launch of the Index, female participation continues to lag behind that of males. The most significant increase in boardroom participation has occurred in the top 200 ASX listed companies where the representation of women increased from 8.7per cent in 2010 to 23 per cent in 2016 (most recent data from the Index).

With regard to membership of government boards and committees across Australia, the Australian Capital Territory reports the largest percentage of women holding positions on all government boards and committees with 48 per cent. Northern Territory report the lowest percentage with 37 per cent.

The data about Tasmanian Government boards and committees used in this report has been drawn from the Department of Premier and Cabinet (DPAC) Government Boards Database and was accurate at the time of writing (22 September 2017). It is important to note that percentage figures fluctuate as new board appointments are made. The database is updated monthly and therefore the percentage of positions held by women is updated monthly.

In 2017, the Australian Institute of Company Directors (AICD) delivered the second round of Tasmanian Government Board Diversity scholarships. Three scholarships were awarded for the Company Directors Course and 16 for the Foundations of Directorship course. The same number and type of scholarships were awarded in 2016. Applications for the 2018 round of scholarships closed on 15 September 2017.

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