Singtel, SGX, MCT lead new index on board diversity

Published Wed, Sep 16, 2020 · 09:50 PM

Singapore

SINGTEL, the Singapore Exchange (SGX) and Mapletree Commercial Trust have emerged in the overall top three places in a newly launched Singapore Board Diversity Index.

The index, developed by global advisory, broking and solutions company Willis Towers Watson in partnership with the Singapore Institute of Directors (SID) and supported by BoardAgender, ranks primary-listed companies on the SGX on the basis of how diverse their corporate boards are, and awards them points in eight areas out of a maximum of 40.

The eight areas are gender, age, tenure, board independence, cultural ethnicity, international experience, domain expertise and industry knowledge.

All in, 704 companies with primary-listing on the SGX were assessed and scored, based on data - from annual reports, Web sites an…