Gender balance in the boardrooms of the nation’s listed companies is in clear sight, after the number of female directors effectively doubled in less than a decade.  New data from the Australian Council of Superannuation Investors (ACSI) shows that only 30 more appointments of women are needed to hit the target of 40% representation, which is a big milestone towards gender balance in the boardrooms of Australia’s listed companies. t’s likely that, at the current rate of change, the historic target will be reached by the end of 2024, or in early 2025. 

The data reveals that 15 of the 34 women appointed to ASX 200 boards this year are on their first board appointment and another nine are on their second board. Supporting women early in their board careers and encouraging women towards board leadership will further lift the performance of Australian businesses, with benefits for all investors.