Page 3 – 30% Club

Empowering Women Leaders: The 30% Club Malaysia’s Board CV Writing Masterclass 2024

Posted on August 18, 2024December 2, 2024 by 30club-Malaysia

The 30% Club Malaysia recently hosted its second Board CV Writing Masterclass for 2024, sponsored by CnetG Asia and graciously hosted by CIMB Group Company Secretary, Datin Rossaya Nashir and Ahmad Shahriman M., CEO of CIMB Islamic.

The masterclass was specifically designed for women in leadership roles, where it provided valuable insights for these women to advance their journey towards the boardroom.

With over 20 aspiring leaders in attendance, the session expertly facilitated by Raj Kumar Paramanathan, Managing Director of CnetG Asia addressed the challenges of securing non-executive director roles, common pitfalls in crafting a board resume, and the critical mindset shift needed for success.

We extend our heartfelt thanks to Datin Rossaya Nashir for her inspiring Opening Remarks, Raj Kumar Paramanathan for his invaluable contributions, Yuet Mee Ho, Independent Director of CIMB Group Berhad for her empowering Closing Remarks, and Volunteer Advocate, Frauline Josephine Hor for leading the collaboration and hosting the masterclass.

We look forward to witnessing more women take bold steps toward their next career milestone, moving ever closer to boardroom success!

Diversity in Leadership at S&P/ TSX Companies

Posted on July 17, 2024July 17, 2024 by 30club-Canada

Canada | 2023

The business case for diversity and inclusion in corporate leadership has never been stronger. More diversity contributes to improved corporate social responsibility, innovation, employee satisfaction, governance practices and risk management. Despite growing evidence of these benefits, diversity in corporate Canada’s leadership remains inadequate, tied to a lack of effective mechanisms for measurement, tracking and accountability.

Various interventions, including government legislation and advocacy initiatives like the 30%+ Club and BlackNorth Initiative (BNI), aim to address the slow progress in achieving diversity, particularly for women and racialized individuals. The 30%+ Club focuses on achieving at least 30% representation of women on boards and executive teams globally, while BNI aims to combat anti-Black systemic racism and achieve 3.5% representation of Black leaders in executive and board roles.

This report assesses the state of diversity in leadership roles in corporate Canada, focusing on representation of equity-deserving groups (women, Black individuals and racialized individuals) from 2015 to 2022. The study encompasses 783 firms on the Toronto Stock Exchange (TSX), including 235 on the S&P/TSX Composite Index.

The report shows TSX firms have not yet reached 30% representation of women on boards or executive teams (26.2% on boards and 21% on executive teams). S&P/TSX Index firms have done better: Between 2015 and 2022, women’s representation rose from 18.3% to 33.7% on boards, and from 15% to 23.1% on executive teams.

Other key findings

Representation of Black individuals

– Incremental progress has been noted since BNI’s launch in 2020, with the share of Black individuals increasing from 0.9% to 2.1% on boards and from 1% to 1.5% on executive teams for S&P/TSX Index firms.
– Progress was slower for TSX firms, reaching 1.7% on boards and 1.5% on executive teams.

Racialized individuals’ representation

– From 2020 to 2022, racialized individuals’ representation increased from 4.9% to 9.3% on boards and 7.5% to 10.8% on executive teams for S&P/TSX Index firms.
– Similar rates were observed for TSX firms, standing at 9.3% on boards and 11% on executive teams in 2022.

Intersectional analysis

– Racialized and Black women still face underrepresentation, with progress noted from 2020 to 2022, but at lower rates compared to other groups.
– The 30%+ Club members demonstrated higher diversity, achieving at least 30% representation of women on both the S&P/TSX Index (38.8%) and TSX (37.8%).

Geographic variations

– Representation varied based on where firms are located, indicating a need for tailored interventions. Ontario and Quebec showed higher representations of women, including racialized and Black women.

– The report also delves into strategies for advancing diversity and inclusion.

Societal level

– Legislation and voluntary codes shape culture and values. The implementation and enforcement of these measures are crucial but insufficient on their own.
– Addressing basic social infrastructure is essential for lasting change.

Organizational level

– Comprehensive equity, diversity and inclusion) strategies should be integrated into governance, leadership, human resources, culture, metrics and partnerships.
– Diversity and inclusion should be embedded in the entire human resources process, from selection to exit processes.
– Performance measures should track representation, pay inequality, procurement targets and community engagement.

Individual level

– Companies should invest in building capacity through mentorship, coaching and skills training.
– Employees need to unlearn biases, stereotypes and perceptions that perpetuate exclusionary practices.
– Raising awareness of negative behaviours like microaggressions can improve interpersonal relationships and foster inclusive work environments.

In conclusion, this report emphasizes the need for multifaceted interventions at societal, organizational and individual levels to achieve meaningful diversity and inclusion in corporate leadership in Canada. Addressing barriers and leveraging an ecological model of change is crucial for sustained progress.

Published:

December 2023 | Read full report here.

Mexican board diversity drive revealed

Posted on June 27, 2024June 27, 2024 by Admin

30% Club Mexico and Mercer México have teamed up to analyse the boardroom dynamics playing out across the country and reveal what they mean for diversity among directors.

Read the full report in Spanish here.

Where we are

The 30% Club has come a long way from when it was set up in the UK in 2010.We now span six continents and more than 20 countries. We’re actively expanding into more G20 countries

Spotkanie 30% Club Poland z Ministrą ds. Równości

Posted on June 12, 2024June 19, 2024 by 30club-Poland

30% Club Poland nadaje ton publicznej debacie na temat zwiększania różnorodności we władzach spółek. Uważamy, że nasze doświadczenie jak również analiza danych zbieranych przez lata prowadzenia kampanii są bardzo cenne w tej dyskusji.

12 czerwca było nam niezmiernie miło podzielić się naszym doświadczeniem z Ministrą ds. Równości Katarzyną Kotulą. Rozmowy były owocne i konstruktywne, a ich tematem była promocja różnorodności płciowej w zarządach i radach nadzorczych spółek w Polsce.

Podczas spotkania przedstawicielki 30% Club Poland Milena Olszewska-Miszuris, Aleksandra Włodarczyk, Justyna Przybył i Olga Petelczyc omówiły aktualny poziom udziału kobiet we władzach spółek giełdowych notowanych na GPW oraz jak kształtował się historycznie, ile spółek obecnie spełnia wymogi dyrektywy UE 2022/2381 tzw. Kobiety we władzach, jakie bariery napotykają kobiety na swojej drodze kariery oraz jakie są najlepsze praktyki by je znosić.

Dziękujemy Pani Ministrze za otwartość na dialog i współpracę. Wspólnie możemy osiągnąć realne zmiany na rzecz równości płci w biznesie!

„Women go boards” Perspektywy Women in Tech

Posted on June 12, 2024June 19, 2024 by 30club-Poland

Już drugi rok z rzędu 30% Club Poland współtworzył unikalne wydarzenie „Women go boards” podczas corocznego największego wydarzenia dla kobiet w branży IT Perspektywy Women in Tech. Partnerami wydarzenia byli European Women on Boards, ABSL Poland i GSK, firma członkowska 30% Club Poland.

Wstępem do dyskusji były inspirujące prezentacje: Katarzyny Piasecki, Ambasadorki 30% Club Poland, CEO ENNBOW, Maike Klement z Deloitte, Ewy Kubín z European Women on Boards, Agnieszki Belowskiej Gosławskiej z ABSL Poland oraz Mileny Olszewskiej-Miszuris, Co-Chair 30% Club Poland.

Następnie @Aleksandra Hamryszak moderowała dyskusję panelową, w której:

Malgorzata Lasota | EMEA HR Hub Lead/ HR Director, Board Member, GSK, firmy członkowskiej 30% Club Poland
Monika Król | Vice President of the Board, BLIK - Polish Payment Standard, Investor
Nanditha Raghavan | EWOB | Executive Strategist & Delegate Brussels Declaration
Dan Bennett | Head of Technology & Data, S&P Global Commodity Insights
Daniel Flis | Finance Director/Acting General Manager, IQVIA Poland, członek 30% Club Poland

Dzielili się praktycznymi wskazówkami i osobistymi historiami kształtującymi ich kariery. Poruszono tematy związane ze wspieraniem się kobiet i mężczyzn, rozwojem kobiecego talentu, również w #STEM, wpływem macierzyństwa na karierę oraz znaczenie udanej współpracy w środowisku różnorodnym. Kluczowe wskazówki dla kobiet chcących dojść do poziomu zarządu obejmowały: konieczność aktywnego komunikowania swoich aspiracji w organizacji, dobre zarządzanie czasem, ale też dbanie o swój dobrostan.

Po panelu odbyła się moderowana sesja networkingowa, zorganizowana przez Joannę Zakrzewską i Katarzynę Czaję, która umożliwiła uczestnikom prowadzenie rozmów w małych grupach na temat ich planów rozwoju zawodowego. Podczas całego wydarzenia podkreślano znaczenie kontaktów w biznesie i korzyści wynikające z takich inspirujących spotkań.

Bardzo dziękujemy wszystkim za aktywne uczestnictwo i do zobaczenia za rok.

Empowering Women Leaders through Speed Mentoring Programme

Posted on June 12, 2024June 12, 2024 by 30club-Malaysia

We are thrilled to announce the successful completion of yet another impactful event by the 30% Club Malaysia – our flagship Speed Mentoring programme, a testament to our collective commitment to nurturing female leadership talent in the corporate world.

This initiative stands as a beacon of empowerment, fostering growth and development for women executives in mid to upper management levels across various sectors.

With the participation of over 60 rising women from over 31 organisations as mentees, the programme served as a platform for invaluable mentorship and guidance where the initiative aimed to accelerate the advancement of women in mid to upper management levels provided them with access to invaluable insights and guidance from 6 seasoned mentors across various sectors.

We extend our heartfelt gratitude to our esteemed mentors whose dedication and expertise from diverse sectors and industries truly inspired these women to reach new heights. The mentors are:

Michael Lai Board Member/Board Risk Management Committee, Great Eastern General Insurance,

Dato’ Ami Moris Chair of Cypark Resources Bhd & Former Chair of 30% Club Malaysia,

Jalalullail Othman Independent Non-Executive Director CIMB Islamic,

Tay Shan Li Co-founder of BabyDash, Managing Partner of ScaleUp Malaysia and Founder and CEO of Swipeless,

May Lim Managing Director The Arnott’s Group (Asia) and

Dato’ Roslina Zainal Independent Non-Executive Director Malaysian Smelting Berhad and, Independent and Non Executive Director Cyberjaya Education Group Berhad.

A special note of appreciation goes to our gracious host, Great Eastern. and members of its key management, Mr. Ng Kok Kheng, CEO of Great Eastern General Insurance, and Ms. Sook Hooi Khoo, CFO of Great Eastern General Insurance for providing the perfect setting for collaboration and growth.

The success of the programme could not have happened without the dedication shown by our team of volunteers and advocates with the 30% Club Malaysia – Nurul A’in Abdul Latif, Chair of the 30% Club Malaysia; Raj Kumar Paramanathan, Co-lead of the Enable Pillar; and Volunteer Advocates – Frauline Josephine Hor, Sarania Sukumaran, Sharmila Gunasekaran, RPh, MBA, Yee Jing L., Aira Pandawa, Catherine M. whose demonstration of unwavering commitment have led to the transformative experience by our mentees.

Some of our favourite key takeaways from the mentees:

- Find your purpose in life and believe in yourself. Stay true to your passions and convictions

- It is important to find a leadership mentor who can provide guidance, support, and wisdom in navigating the leadership journey

- Leverage on one’s own unique strengths instead of trying to trying to conform to traditional notions of mirroring a man to find success in career

We couldn’t be more proud to celebrate the success of this programme in our continued journey to create a future where diversity and inclusivity contributes to driving positive change, innovation and success at the workplace!

CEO Breakfast w GSK

Posted on June 11, 2024June 19, 2024 by 30club-Poland

Trudno o bardziej otwartą społeczność niż Członkowie 30% Club Poland! Tezę tę po raz kolejny potwierdza spotkanie z cyklu CEO Breakfast, który uruchomiliśmy, aby integrować Prezeski i Prezesów Zarządów, wymieniać się doświadczeniami związanymi z diversity i wspólnie wspierać się w realizacji misji Klubu: zwiększania udziału kobiet we władzach spółek

Tematem przewodnim spotkania była rozmowa o zarządzaniu różnorodnymi zespołami. Gospodarze spotkania – Wojciech Skrudlik, Natalia Tomkiewicz i Aleksandra Żygo z GSK przedstawili nam imponujące statystyki dotyczące różnorodności w GSK Poland Hub (50% reprezentacja kobiet na stanowiskach menedżerskich, ponad 40 narodowości wśród ponad 2 000 pracowników firmy w Polsce). Otworzyli tym samym dyskusję na temat wyznań, najlepszych praktyk, ale i korzyści z różnorodności.

Dziękujemy Wszystkim za aktywny udział i już nie możemy się doczekać kolejnego spotkania po wakacjach!

Ewa Carr-de Avelon i Paulina Nozdryn-Płotnicka (BNY), Dariusz Kucharski (HSBC), Mateusz A. Bonca, PhD (JLL) Daniel Flis (IQVIA), Marta Steer (Marsh), Dominika Bettman (Microsoft)

Dziękujemy za organizację Katarzynie Fraś-Zawadzkiej (GSK), Aleksandrze Włodarczyk, Iwecie Opolskiej, Małgorzata Kloka (30% Club Poland)

Empowering Progress: Celebrating Nine Years of the 30% Club Malaysia

Posted on May 10, 2024May 10, 2024 by 30club-Malaysia

Nine years ago, on this very day, we embarked on a mission to shatter glass ceilings and redefine corporate leadership in Malaysia. With a bold vision to triple the representation of women on company boards, the “30% Club Malaysia” took flight, catalysing a seismic shift towards gender parity.

Today, as we commemorate our journey since 2015, we stand tall, empowered by remarkable progress. Thanks to tireless advocacy and unwavering commitment, women now hold 31.4% of board seats in the top 100 public listed companies and 26% across all PLCs in Malaysia (as of April 2024).

This isn’t just a statistic; it’s a testament to the collective dedication by our Volunteer Advocates, Corporate Advocates and Council Members towards DEI.

But our mission doesn’t end here. The 30% mark isn’t our destination—it’s our launching pad towards true parity. Our new Chair, Nurul A’in Abdul Latif, took the helm recently and together with her, we reaffirm our commitment to fostering an environment where every voice is heard, every talent is recognized, and every opportunity is equitable.

Beyond numbers, our impact resonates in Malaysian boardrooms, in Malaysian communities, and in the very fabric of our nation’s future. By championing inclusivity, we’re not just driving economic growth—we’re shaping a legacy of empowerment and progress for generations to come.

Join us as we continue this transformative journey. Together, let’s redefine leadership, break barriers, and build a future where every individual—regardless of gender—has the opportunity to thrive.

Happy Anniversary, 30% Club Malaysia! Here’s to nine years of empowerment, and to many more milestones ahead.

By Working Together, We Achieve More

Posted on May 10, 2024May 10, 2024 by 30club-Malaysia

Earlier this week, Nurul Ain Abdul Latif, Chair 30% Club Malaysia and her team, including Rejina Rahim, Influence Pillar, Frances Po and Nurini Kassim, Activate Pillar 30% Club Malaysia, paid a courtesy visit to meet with Dr. Ismet Yusoff, CEO of Minority Shareholders Watch Group (MSWG) and Rita Foo, Head Corporate Monitoring.

It was a fruitful discussion between like minded partners and both MSWG and 30% Club Malaysia look forward to forging future collaborations to amplify advocacy efforts on gender diversity and corporate governance.

Taoiseach Simon Harris joins 30% Club Ireland

Posted on April 25, 2024April 25, 2024 by Admin

The new Irish Taoiseach Simon Harris joined the 30% Club Ireland’s 10th Chair and CEO conference in Dublin today.

Demonstrating his commitment to gender equality in business leadership, Simon showed up as a male ally to our cause.

He joined a large gathering of CEOs and chairs from 30% Club Ireland’s member companies, who represent over 650,000 employees across Ireland. These include both the private, publicly listed, and public service sectors.

The 30% Club is a global campaign supported by Board Chairs and CEOs of medium and large organisations, committed to achieving better gender balance at leadership levels and throughout their organisations, for better business outcomes.

Since it was established in Ireland ten years ago , the gender balance on Irish listed boards (ISEQ20) has more than trebled – from 12.5% then, to 40% today.

Gender Power Gap

One of this year’s themes looks at how companies can address the gender power gap that still exists within many Irish businesses and organisation. This is defined as the proportional power held by women in leadership and management positions, relative to men, which is often defined by historical stereotypes, with human resources as an example. The measurement differs from gender diversity, which only measures the presence of women at the top table, and the gender pay gap, which measures the average difference in remuneration.

As an example, only 25.7% of CFO roles are currently held by women, and this has decreased from 29.7% in 2019, CSO data shows. With CFO roles as important talent pipeline for Chair and CEO roles, addressing this imbalance becomes critical in modern succession planning. Achieving gender power balance is one of the topics that will be discussed by two panels, which will mark the successful progress across Irish business in the 10 years to date and consider where to next.

Panellists include: Myles O’Grady, Bank of Ireland chief executive; Eamonn Sinnott, Interim Head, Intel, Magdeburg, Germany; Carol Andrews, Co-chair Balance for Better Business; Lorna Conn, Cpl chief executive; Hanneke Smits Global Chair 30% Club and Global Head of Investment Management, BNY Mellon, Paddy Hayes, ESB chief executive and Michael Jackson, Managing Partner, Matheson.

Taoiseach Simon Harris told the audience of almost 300 that all women and men in Ireland should have equal access to opportunity, and that Ireland can be exemplary leaders in achieving full gender balance on boards and senior leadership teams, where our publicly listed companies have already exceeded the 33% quota set by the EU Women on Boards directive.

“I’m delighted to join leaders from across the private and public sector to support the important work of the 30% Club. Ireland has a huge pool of talent, and experience, so there is no reason why we cannot ensure boards and senior teams are gender balanced,” he said.

“The Ireland we live in must be reflected across business and wider society, because decisions that can embrace a wide spectrum of viewpoints will be the most informed ones. We have made significant progress to date but there is still a long way to go. I urge all business leaders to embrace gender balance, along with diversity and inclusion. It makes business stronger

Meliosa O’Caoimh, Outgoing Chair of 30% Club Ireland and Northern Trust Ireland Country Head, said what was important from her perspective is continuing the focus on all women.

“Gender is a majority not a minority issue, and a clear focus is still needed. This includes encouraging next generation talent and putting a particular focus on incorporating a regional view in our work. What has been achieved over the last decade in Ireland is fantastic, but we know there is still more to be done to maintain, and advance momentum, for better business outcomes.”

International trends and the likely challenges and hurdles of the next 10 years were also debated, along with examining where the future CEOs and Board chairs will come from, and how the power gap can be collectively closed. The panels also commented on the need to embed progress in every organisation, and not just rely on averages as a strong indicator. This is important in Ireland where CSO data shows that while we make progress on an average basis, 21% of C-suite teams still operate on an all-male basis.

Paula Neary, incoming 30% Club Ireland Chair and a Senior Managing Director at Accenture, said her focus in the new role will be on how we “can use this moment as we redefine new flexible workplaces and new workforces augmented by AI, on changing the system, rather than the people”, and an
‘all gender’ agenda – versus a female agenda – that emphasises new ways of working that support men and women equally, to flourish and progress in modern careers.

“I am honoured and delighted to take over as chair of such an important initiative, which I have supported – and been part of – since its inception.

“If we are going to successfully drive and initiate more progress in this area, we need to look through a wider diverse lens, across society. That means thinking about how we engage everyone – especially younger men in the conversation on changing culture, behaviours and attitudes. Such a focus leads to better workplace outcomes for all talent – in terms of attraction and retention – and is critical to the economic success across Ireland.”