Gender Equality Database


of board seats on G20 listed companies held by women

Gender equality on boards

Tracking the gender balance of issuer’s boards, along with other related data, provides a useful benchmark for exchanges and other key stakeholders to assess progress in promoting gender equality among listed companies. More information about the SSE campaign for Gender Equality can be found here.

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An analysis of the gender balance of the top 100 issuers* by market capitalization from each of the 22 exchanges in the G20 and from the top 5 markets by market capitalization in seven different country groupings** (35 markets in total)

MarketStock Exchange % of Women on BoardMandatory Minimum Rule?If yes, % WomenIf yes, N Women% of Women Chair% of Women CEOCountry GroupG20 Countries
FranceEuronext Paris45Yes4086EuropeYes
United KingdomLondon Stock Exchange37No109EuropeYes
ItalyBorsa Italiana (LSE Group)37Yes40712EuropeYes
SwedenNasdaq Stockholm35No1211EuropeNo
Germany Deutsche Börse34Yes3057EuropeYes
Canada TMX Group Inc.34No96USCANZYes
Australia Australian Securities Exchange33No88USCANZYes
United States NYSE32No1211USCANZYes
South AfricaJohannesburg Stock Exchange32No515AfricaYes
United StatesNasdaq29Yes1166USCANZYes
New ZealandNew Zealand Stock Exchange27No133USCANZNo
KenyaNairobi Securities Exchange25No1311AfricaNo
SwitzerlandSIX Swiss Exchange25Yes3063EuropeNo
MalaysiaBursa Malaysia24No41South-eastern AsiaNo
G20G20 Average2355Yes
NigeriaNigerian Exchange21No66AfricaNo
PhilippinesPhilippine Stock Exchange19No58South-eastern AsiaNo
ThailandStock Exchange of Thailand19No615South-eastern AsiaNo
MoroccoCasablanca Stock Exchange18Yes301010AfricaNo
SingaporeSingapore Exchange17No810South-eastern AsiaNo
India National Stock Exchange of India (NSE)16Yes143Southern AsiaYes
TürkiyeBorsa İstanbul16No40Western AsiaYes
China Shenzhen Stock Exchange16No66Eastern AsiaYes
ColombiaBolsa de Valores de Colombia16No33South AmericaNo
BrazilB315No11South AmericaYes
Indonesia Indonesia Stock Exchange15No44South-eastern AsiaYes
JapanJapan Exchange Group14No01Eastern AsiaYes
Argentina Bolsas y Mercados Argentinos13No10South AmericaYes
China HKEX13Yes137Eastern AsiaYes
China Shanghai Stock Exchange12No23Eastern AsiaYes
Egypt Egyptian Exchange12Yes2552AfricaNo
Peru Bolsa de Valores de Lima12No55South AmericaNo
Chile Bolsa de Santiago11No15South AmericaNo
Russian Federation Moscow Exchange11No54Eastern EuropeYes
Korea (Republic of) Korea Stock Exchange10Yes112Eastern AsiaYes
MexicoBolsa Mexicana de Valores10No02South AmericaYes
United Arab EmiratesAbu Dhabi Securities Exchange5Yes101Western AsiaNo
KuwaitBoursa Kuwait3No30Western AsiaNo
QatarQatar Stock Exchange2No24Western AsiaNo
Saudi ArabiaThe Saudi Stock Exchange Tadawul2No11Western AsiaYes

Source: Data provided by Bloomberg. Additional company data compiled by SSE based on the latest available reports (2020 annual reports). Listing rule data compiled by SSE based on the latest available information (Q1 2022).

*If the exchange has less than 100 issuers, all the issuers were included in the analysis (the case of Argentina).

**Country groupings are based on UNSD definitions of region, sub-region and intermediate region except for the United States, Canada, Australia and New Zealand, which were bundled into the “USCANZ” group.

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