Accelerate Progress Toward Board-Level Gender Parity
進捗:
新規
The Japanese government has set a target for TSE Prime Market listed companies to achieve a female board member ratio of 30% or more by 2030, with at least one female officer by 2025. Progress risks being superficial: while women account for around 13% of board positions at Prime Market companies, only 2.5% of internally appointed executive directors are women, meaning most companies meet diversity expectations by recruiting external non-executives rather than developing women through internal pipelines. The number of female directors will need to more than double in six years to meet the 2030 target, and companies are already hitting a shortage of experienced candidates.
提案
- Accelerate the 30% target timeline and extend it beyond Prime Market to Standard Market listed companies
- Distinguish between internal executive directors and external non-executive directors in diversity metrics, to prevent cosmetic compliance
- Require companies to publish gender diversity pipelines, including representation at senior management level, not just board composition
- Encourage adoption of binding board gender quotas as a benchmark, with "comply or explain" at minimum for all listed companies