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Female-free zones at top

MORE than half of the senior executive teams of Australia's top 200 listed companies remain complete female-free zones.
By · 28 Aug 2011
By ·
28 Aug 2011
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MORE than half of the senior executive teams of Australia's top 200 listed companies remain complete female-free zones.

A Sun-Herald analysis has further identified that 10 of those companies - leaders in their field - have not once been recorded as having a female at that level in any of six Women in Leadership censuses. The censuses have been conducted over the past decade by the federal government's Equal Opportunity for Women in the Workplace Agency.

The 10 companies were:

Downer EDI (engineering).

Ansell (rubber manufacturer).

Billabong (clothing retailer).

Gunns (paper pulp mill).

James Hardie Industries (building products manufacturer).

One Steel (steel manufacturer).

Lihir Gold (gold miner, recently taken over by Newcrest Mining).

Toll Holdings (transport and logistics).

Westfield (shopping centres).

Paperlinx (paper merchant).

When contacted, many companies disputed the figures, pointing to one or two women in senior positions.

The director of the agency, Helen Conway, said new ASX reporting rules on gender equity had forced many of the top-listed companies to start lifting their game.

"What that has done is that people have started to get their rear ends into gear," Ms Conway said. "Frankly, directors don't want to be seen to be failing."

She said women had a right to feel "disappointed" with the progress made so far towards gender equality in the workplace.

Just 3 per cent of the CEOs, 8 per cent of senior executives and 13 per cent of board members of Australia's top companies are women, despite four decades of campaigning for equal rights at work.

Under legislation due to be presented in Parliament this spring, the agency will be renamed the Workplace Gender Equality Agency and will have beefed-up powers to require companies with more than 100 employees to report on gender outcomes.

The Women in Leadership census last year found 62 per cent of ASX200 companies had no women in their senior executive teams.

A spokesman for Ansell said the company had appointed two female divisional heads, based in the US, in the last 18 months. A spokeswoman for Westfield said the company had had a female director of business development in its 10-member senior executive team since 2007. A spokesman for Billabong said it had recently appointed a woman as one of eight regional general managers, looking after operations in Brazil, and set targets for increasing women in top management.

A spokesman for Downer EDI said one of its 14-member senior leadership team was female and the company focused on diversity issues.

A review of company websites shows Toll Holdings has a female director of human resources, while OneSteel has a female chief legal officer and Paperlinx has a female chief marketing officer who was appointed in April. The website for Gunns and James Hardie confirm no female senior executives. Ms Conway said today's female executives were mostly clustered in support roles, such as human resources.

"I think people are very conscious about getting women into the executive so they can say, 'We have X number of women.' But there is a legacy issue.

"They haven't promoted women through the lower ranks to get them to the executive top level now.

"I think the focus is on getting women promoted into those line positions."

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Frequently Asked Questions about this Article…

The Sun‑Herald analysis found that more than half of the senior executive teams of Australia’s top 200 listed companies had no women — described as ‘female‑free zones.’ The Women in Leadership censuses over the past decade showed many companies still lack female representation at senior executive level.

The analysis named 10 companies with no women recorded at senior executive level across six Women in Leadership censuses: Downer EDI, Ansell, Billabong, Gunns, James Hardie Industries, OneSteel, Lihir Gold (since taken over by Newcrest Mining), Toll Holdings, Westfield, and Paperlinx.

According to the article, only 3% of CEOs, 8% of senior executives and 13% of board members at Australia’s top companies are women. A recent Women in Leadership census also found 62% of ASX200 companies had no women in their senior executive teams.

Many companies disputed the figures and pointed to female appointments. Examples: Ansell said it appointed two female divisional heads in the US; Westfield noted a female director of business development on its senior team since 2007; Billabong reported a recently appointed female regional general manager and set targets to increase women in top management. Other companies cited one or two senior women (e.g. Downer EDI, Toll, OneSteel, Paperlinx), while Gunns and James Hardie confirmed no female senior executives.

The director of the Equal Opportunity for Women in the Workplace Agency said new ASX reporting rules on gender equity have pushed many top‑listed companies to start improving their gender practices. The rules and public reporting have increased pressure on boards and executives to demonstrate progress on gender diversity.

Legislation due to be presented in Parliament will rename the agency the Workplace Gender Equality Agency and give it stronger powers. The expanded agency will be able to require companies with more than 100 employees to report on gender outcomes.

The agency director noted that many female executives are concentrated in support functions such as human resources. The ‘legacy issue’ is that companies haven’t consistently promoted women through lower ranks into line roles that typically lead to top executive positions, so there are fewer women available for senior line leadership today.

Everyday investors can monitor company websites and ASX disclosures for leadership composition and gender‑outcome reporting. With new reporting rules and the upcoming stronger Workplace Gender Equality Agency powers, investors can expect more consistent disclosure on female representation in senior roles and can use that information when assessing governance and boardroom practices.