Launch of report 'Towards gender balanced boards' | KPMG | IN

Launch of report 'Towards gender balanced boards'

KPMG in India’s Board Leadership Center and WomenCorporateDirectors India (WCD) conducted a survey to assess the progress and challenges...

30 March 2017, 10:00AM - 4:00PM, IST

In India, the debate surrounding the inadequate number of women on corporate boards has gained momentum after 2013. Women represented only 5 per cent of directorships at listed companies in India before the government introduced a mandate requiring there be at least one woman on the corporate boards of listed and certain other companies. As a response to the mandate, nearly 600 companies announced the appointments of women directors in the last three days left for the deadline to lapse. Given this background, KPMG in India’s Board Leadership Center and WomenCorporateDirectors India (WCD) conducted a survey to assess the progress and challenges, which companies faced in identifying, appointing, inducting and integrating the right women candidates into corporate boardrooms. The findings of the survey have been captured in a report, which concludes with key recommendations to achieve greater diversity.

The survey report by KPMG in India’s Board Leadership Center and WomenCorporateDirectors India (WCD) assesses the progress and challenges, which companies faced in identifying, appointing, inducting and integrating the right women candidates into corporate boardrooms after the Companies Act 2013 mandated that there be at least one woman on the corporate boards of listed and certain other companies

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