Principle 4: The Players
A diverse board to enable considered decision-making
A board should be a diverse group of people who collectively provide different perspectives and experience to facilitate more considered decision-making.
Standard | 2021 Avg | 2022 Avg | 2023 Avg | |
---|---|---|---|---|
4.1 | The board should have a diverse mix of skills, expertise and experience in order to meet the strategic goals of the organisation | 3.2 | 3.5 | 3.36 |
4.2 | The board demonstrates a strong and public commitment to progressing towards achieving its diversity targets within its board composition including: Geographical locality, Aboriginal and Torres Strait Islander, CALD, Age, SES, Disability, Sexual Orientation, Gender Identity, Race, Religion | 2.1 | 2.4 | 2.02 |
4.3 | The board, while ensuring the prevailing criterion for election is eligibility, skills, expertise and experience should be composed in a manner such that no gender accounts for more than 60% of the total number of Directors | 3.5 | 3.4 | 3.44 |
4.4 | The organisation’s directors should be independent, regardless of whether elected or appointed | 3.5 | 3.6 | 3.61 |
4.5 | The organisation has a documented and transparent process for the identification and appointment of directors | 3.1 | 3.2 | 3.2 |
4.6 | The board has a composition which incorporates both elected and appointed directors | 2.7 | 2.7 | 2.9 |