SB432

Hawaii SB432 mandates gender diversity on boards of publicly held corporations.

Hawaii SB432 requires publicly held domestic corporations to include individuals of all genders among their directors. By December 31, 2025, corporations must have a gender-diverse board. By December 31, 2027, they must have at least three male or non-binary directors and three female or non-binary directors if their board has five members. If the board has four or fewer members, at least one male or non-binary director and one female or non-binary director are required. The Department of Commerce and Consumer Affairs must report annually on compliance.