Investor group urges listed firms with only one woman on board to address diversity targets
An influential investor group has written to more than 60 publicly listed companies with only a single female director, including Domino’s Pizza and JD Sports, raising concerns over a lack of gender diversity and warning of a backlash if progress is stalled.
The Investment Association (IA), which represents 250 firms with £7.7tn in assets under management, has joined up with the Hampton-Alexander review team to criticise FTSE 350 firms with “one and done” boardrooms that have a single female board member.
One-woman boards
Related: Call for boycott of FTSE 350 firms without a woman on the board