Insights
Watermark Search International: 2025 Board Diversity Index
The 2025 Board Diversity Index, now in its eleventh year, offers a comprehensive analysis of the ASX300, examining five key diversity dimensions: gender, cultural background, skills and experience, age, and tenure and independence.
Notably, 91.9% of directors are from Anglo-Celtic backgrounds, highlighting a significant lack of cultural diversity. While women occupy 43% of female-held board seats, they represent only 18% of all directors, indicating ongoing gender disparities. Additionally, 82% of directors hold undergraduate degrees, and 18% are considered non-independent.
For the third consecutive year, the Index also includes data on First Nations, LGBTQ+, and disability representation, underscoring the need for broader inclusion. This year's report is the first to be produced in partnership with the Australian Institute of Company Directors and Deloitte, aiming to provide deeper insights into board diversity trends and areas for improvement.