A study conducted by PwC Singapore reveals that most issuers listed on the Singapore Exchange (SGX) have disclosed board diversity policies, but these disclosures need to be more detailed. The study, commissioned by SGX RegCo and the Council for Board Diversity, reviewed the board diversity disclosures of 538 issuers listed on SGX. It found that 89% of the issuers had disclosed a board diversity policy, with many describing how a combination of skills, experience, and diversity among directors could serve the company's needs and plans.
Most issuers listed on the Singapore Exchange ( SGX ) have disclosed board diversity policies , but these disclosures need to be more detailed, according to a study released on Friday. The study to review the board diversity disclosures of 538 issuers listed on SGX was done by PwC Singapore after it was appointed by the Singapore Exchange Regulation ( SGX RegCo) and the Council for Board Diversity. It covered the disclosures published as at July 31.
The study found that 89 per cent of the issuers had disclosed a board diversity policy. For most of the others, their deadline to make such disclosures was not yet passed. Most of the issuers that disclosed their board diversity policy described how a combination of skills, experience and diversity among directors could serve the company’s needs and plans. The SGX listing rules on board diversity disclosures apply to annual reports for financial years starting from Jan 1, 2022. Companies can disclose diversity aspects such as gender, skills and experience, age and educational backgroun
Singapore Exchange SGX Board Diversity Policies Pwc Singapore SGX Regco Council For Board Diversity Issuers Annual Reports Diversity Aspects
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