The 30% Club Malaysia announced that it had achieved a milestone on the 1st of June when the Securities Commission released data showing that women held 30.6% of board seats of the top 100 PLCs in Malaysia.
of June when the Securities Commission released data showing that women held 30.6% of board seats of the top 100 public listed companies in Malaysia. This, according to a press release from the organisation, was six months ahead of the 31 Dec target.
Sustainability Matters sought further insights from the organisation and posed the following questions. Responses were provided by Ami MorisResponses have been edited for brevity. In support of the 30% Club's global ambition of Path to Parity announced this year, marked by the launch of a new brand identity, the Malaysian chapter is aiming for all PLCs to have at least 50% women representation by 2030. As of 1 July, there are over 600 out of 900+ PLCs, including 42 out of the top 100 PLCs on Bursa Malaysia that still have less than the threshold of 30%.
We are also open to working with technology startups, private equity firms, and influencers in the technology ecosystem to establish more gender-diverse boards and senior leadership. Microsoft for example has recently joined as a corporate advocate.
Addressing these challenges requires a multi-faceted approach, including seeding awareness of the benefits of DEI and the presence of unconscious bias, and supporting leadership in implementing DEI policies and processes.
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