23 May 2012

More action needed on gender inequality

1:19 pm on 23 May 2012

The Financial Services Institute of Australasia says companies need to do more to ensure their commitments to reducing gender inequality are translating into action.

Research by Finsia and the BNZ found 64% of men working in the New Zealand financial services industry thought promoting and advancing women into senior roles was a priority in their organization, compared to 48% of women.

Finsia chief executive Russell Thomas says both sexes seem to understand the importance of gender diversity in the workplace, but women aren't sure that message is translating into reality.

Mr Thomas says Finsia supports the NZX adopting similar reporting requirements to those used by the Australian stock exchange, which require listed companies to spell out how many women are in governance and senior management roles.