A diverse board to enable considered decision-making
A diverse board to enable considered decision-making
A board should be a diverse group of people who collectively provide different perspectives and experience to facilitate more considered decision-making.
4.1 - The board should have a diverse mix of skills, expertise, and experience in order to meet the strategic goals of the organisation.
4.2 - The board demonstrates a strong and public commitment to progressing towards achieving its diversity, equity and inclusion goals within its board composition.
4.3 - The board, while ensuring the prevailing criterion for election is eligibility, skills, expertise, and experience, should be composed in a manner such that no one gender accounts for more than 50% of the total number of directors.
4.4 - The organisation’s directors should be independent, regardless of whether elected or appointed.
4.5 - The organisation has a documented and transparent process for the identification and appointment of directors.
4.6 - The board has a composition which incorporates both elected and appointed directors.
4.7 - Directors undertake recognised governance education.