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Since reporting began, six of Global Women’s partnering Champions for Change organisations have completely closed their power gaps.
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Gender balance has been achieved the board, executive leadership, and management levels of a further 22 organisations.
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All 62 organisations are on track to have gender balanced boards by 2027.
The Champions for Change have released their 2024 Impact Report, a comprehensive review of the progress that has been made towards gender balance across 62 of Aotearoa New Zealand’s leading organisations.
This year’s report is the first of its kind, tracking seven years of progress since the Champions started collecting Diversity, Equity & Inclusion data across their average annual workforce of 112 000 people.
The review demonstrates the significant progress that has been made towards achieving 40:40:20 – 40% men, 40% women, 20% of any gender – in workplace leadership. The data shows that the Champions collective of over 80 leading CEOs and Chairs are on track to have 100% of their boards gender balanced by 2027.
22 of Champion organisations have achieved gender balance at board, executive leadership and management levels. Of the 11 boards that have less than 40% representation of women in 2024, three have achieved gender balance previously, and seven are within one appointment of achieving gender balance.
A further six organisations have closed the “power gap,” with BNZ, Buddle Findlay, Fonterra, New Zealand Trade & Enterprise, PwC, and The Treasury having achieved gender balance at every level of their workforce.
The report also shows that women are more actively participating across Champion organisations, with Air New Zealand, Auckland International Airport Limited, Mercury Energy and Powerco having completely closed their participation gaps.
Comprising over 1.4 million data points, the report additionally shows that the number of employees declaring diverse gender identities has grown by a factor of 8x, and the number of organisations with employees of diverse genders has grown by nearly 3x.
Progress on ethnic representation is slow but steady, with Māori comprising 12% of board members, up from 2% in 2020. The number of employees declaring an Asian ethnicity has nearly doubled, and the proportion of senior executives declaring more than one ethnicity has also increased.
The full 2024 Champions for Change Impact Report and Seven Years of Progress overview can be found here.