ASX diversity guidelines face axe as new proposal emerges

Original article by Perry Williams, Janet Albrechtsen
The Australian – Page: 13 & 19 : 19-Feb-25

Tanarra Capital founder John Wylie says the ASX Corporate Governance Council should abandon a proposal to require directors of listed companies to disclose personal information such as their sexual orientation and religious ­beliefs. He says it is a gross invasion of people’s personal privacy to have to disclose their sexual identity in order to be eligible for a board position. A number of corporate directors have released a joint statement backing Wylie’s stance. Wylie has proposed his own reforms, which include requiring directors of listed companies to stand for re-election annually rather than every three years.

CORPORATES
TANARRA CAPITAL PTY LTD, AUSTRALIAN SECURITIES EXCHANGE. CORPORATE GOVERNANCE COUNCIL

Leave a comment