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- Release Date: 17/12/12 19:03
- Summary: GENERAL: NZX: Final NZX diversity guidance note published
- Price Sensitive: No
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NZX
17/12/2012 17:03
GENERAL
REL: 1703 HRS NZX Limited
GENERAL: NZX: Final NZX diversity guidance note published
Final NZX diversity guidance note published
17 December 2012 - NZX Regulation today published its final Guidance Note to
assist Main Board issuers wishing to develop and implement diversity
policies.
It follows changes to the NZSX/NZDX Listing Rules introduced on 1 December
2012 requiring Main Board listed issuers to include diversity reporting in
their annual reports.
In annual reports covering balance dates ending on or after 31 December 2012
issuers with equity securities quoted need to provide:?
A breakdown of the gender composition of their Boards of Directors and
Officers
If they have a formal diversity policy, an evaluation of their performance
with respect to it.
The NZX Guidance Note sets out some suggestions as to the content of a
diversity policy and examples of measurable objectives issuers may wish to
set for themselves to measure their progress against their diversity policy.
NZX Head of Regulation, Robyn Dey, commented: "We encourage issuers to read
and consider this Guidance Note, which we have published to assist them to
develop and implement diversity policies.
"NZX is pleased to have introduced the changes to listing rules to include
diversity reporting in annual reports - we are confident this will encourage
issuers to consider diversity as one of the tools to deliver quality decision
making," she said.
A copy of the final Guidance Note is available at NZX's website:
https://nzx.com/market-supervision/rules/nzsx-and-nzdx-listing-rules
Also on the NZX website, issuers will find links to resources for those
thinking about implementing a diversity policy. This can be found at:
https://nzx.com/market-supervision/rules/nzsx-and-nzdx-listing-rules/diversit
y-rules-resources
For more information please contact:
Kate McLaughlin
Head of NZX Communications
027 533 4529
End CA:00231218 For:NZX Type:GENERAL Time:2012-12-17 17:03:10
