WOB Recommended Diversity Policy – Companies

WOB recommended Diversity policy for companies will be made publicly available through the website SHORTLY. For Further information e-mail: coo@womenonboards.org.mv

Promoting Gender Diversity

WOB has already started a dialogue with listed companies to raise awareness on the importance of gender diversity action policies.

− Set gender diversity targets and encourage men to spearhead the change.

− Certify the commitment of Chairperson and CEO on increasing the representation of women on boards.

− Approve Diversity Policy from the Board.

− Establish goals for women representation, and evaluate performance against targets.

− Aim to include women on the short list for vacant positions.

− Mentor high-potential women in the company to take on higher positions.

− Provide high-performing women with opportunities to develop the skills necessary for becoming directors.

− Ensure Nominating Committee Impartiality.

− Including information on the steps taken by companies to achieve gender diversity into the existing reporting structure, including communications with stakeholders.