Of the largest 100 companies by market capitalisation, all but two disclosed their board diversity policy within the cut-off time for the study, with the last two companies disclosing in response to SGX queries.
A joint Singapore Exchange (SGX:S68
) Regulation (SGX RegCo) and Council for Board Diversity (CBD) study found that 89% of SGX-listed issuers have disclosed a board diversity policy. Of the remaining 11%, more than half had not reached their deadline for board diversity policy disclosure.
According to the findings, the consumer non-cyclicals, real estate and financial sectors performed well in their overall disclosures.
