The Principles and Recommendations require listed entities to establish measurable objectives for achieving gender diversity and to report on progress towards achieving these in its Annual Report or Corporate Governance Statement.
The measurable objectives adopted by the Board in February 2022 are set out below.
1. Promoting diversity within Iress
Iress’ objective is to improve our gender workforce composition globally and participate in the 40:40 vision to achieve gender balance in leadership by 2030.
2022 objective
In 2021, Iress adopted a three year objective to increase female representation across Iress to 40% against its current population of 35%, by December 2024.2.
2. Attracting diverse talent
Iress’ objective is to implement new strategies and talent programs for recruiting and promoting people into leadership positions to achieve gender balance in leadership roles by 2030.
2022 objective
Target 40% female candidate representation for leadership role recruitment processes.
Target 50% female candidate representation for new graduate and apprentice roles.
3. Ensure there continues to be no gender bias in remuneration practices.
Iress’ objective is to continue to ensure there is no remuneration disparity or bias in our remuneration policies and processes. In implementing such policies and processes, Iress aims to maintain gender pay equity for like-for-like roles and performance.
2022 objective
Continue undertaking annual role-by-role remuneration reviews (by country) to ensure we maintain gender pay equity for like-for-like roles and performance.
4. Establish Iress as Diversity and Inclusion Leader.
Iress’ objective is to contribute to reducing the gender gap in retirement savings by paying retirement contributions on full salary for the duration of both paid and unpaid parental leave, up to a maximum of 12 months.
2022 objective
Provide payment of retirement contributions on full salary for the duration of both paid and unpaid parental leave, for a maximum of 12 months.
Maintain Endorsed Employer status with Work180 in both the UK and Australia
