{"id":45776,"date":"2020-11-17T15:29:17","date_gmt":"2020-11-17T20:29:17","guid":{"rendered":"https:\/\/globewomen.org\/CWDINet\/?page_id=45776"},"modified":"2020-11-17T15:31:56","modified_gmt":"2020-11-17T20:31:56","slug":"2018-fortune-global-200-companies-2","status":"publish","type":"page","link":"https:\/\/globewomen.org\/CWDINet\/index.php\/2018-fortune-global-200-companies-2\/","title":{"rendered":"
2020 CWDI Report: Women Board Directors of Asia-Pacific<\/center>"},"content":{"rendered":"

Key Findings<\/span><\/h3>\n
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  • Women remain vastly underrepresented in the corporate boardrooms of 20 economies in the Asia-Pacific region, holding just 15.1% of board seats in 1,573 top companies.\u00a0 <\/strong><\/li>\n<\/ul>\n

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    • Since 2017, <\/strong>when CWDI conducted its first comprehensive study of women on boards in the Asia-Pacific region, the percentage of women directors has only increased 2.3 percentage points from 12.8% to 15.1%.<\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/li>\n<\/ul>\n
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      • Regionally, Asia-Pacific continues to trail most other regions in appointing women to corporate boards.<\/strong>\n
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        • Asia-Pacific\u2019s 15.1% women on boards lags behind Northern Europe (37.n6%), US\/Canada (28.6%), Western Europe (26.5%), Central and Eastern Europe (19.3%), and sub-Saharan Africa (19.1%).<\/li>\n
        • Only Latin America (8.3%) and the Middle East North Africa (MENA) region (3.7%) have lower women\u2019s board representation than the Asia-Pacific region.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

          Some positive signs:<\/strong><\/span><\/h3>\n
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            • The majority of Asia-Pacific\u2019s largest companies have at least one woman board director. <\/strong>74% (1,164 out of 1,573) of companies in the study have women-held board seats, compared to 66% in 2017.\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
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                • The number of companies moving away from tokenism is also growing. <\/strong>Fewer Asia Pacific companies \u2013 44.1% — have only 1 woman director in 2020, compared to 50.2% in 2017. \u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
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                    • 274 companies in the region (17.4% of 1,573 companies) now have reached the point of<\/strong> \u201ccritical mass\u201d of three or more women directors<\/strong>, where the participation of women on boards begins to make a difference. This is a significant increase from three years ago when only 179 companies (11.4%) had reached this mark.\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
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                        • All male boards are becoming extinct in certain countries.<\/strong> All of the 100 largest companies in Australia have at least one woman director, while three other economies \u2013 India, Malaysia, and Thailand — have women on at least 90% of their largest companies\u2019 boards.\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
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                          • These advances are a direct result of proactive national strategies adopted by some countries to deliberately accelerate women\u2019s access to board seats.<\/strong>\n
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                            • Eight out of the 20 Asia Pacific economies have quotas, targets or corporate governance code requirements to increase the number of women directors: Australia, New Zealand, Malaysia, India, Pakistan, Japan, Singapore, and South Korea.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n