This submission is made on behalf of the 25 Percent Group. The Group comprises 11 Chairs and CEOs from a selection of private, publicly-listed and multi-national companies committed to achieving diversity at senior management level and in New Zealand boardrooms. We are committed to voluntarily taking action that will significantly increase the number of women in senior management and board roles in New Zealand – to make better use of the available talent pool, raise productivity and profitability, and ensure competitive edge. Our objective is to see 25 percent female participation overall on New Zealand boards by 2015.