Policy will apply to the developed world, with firms in emerging markets challenged to have at least one female director, or 10% of places on larger boards.
A reminder that despite a global pandemic other critical issues remain front of mind—among them gender diversity in the boardroom.
Axa Investment Management, the €804bn French fund manager, has introduced some of the most stringent voting policies on gender diversity in the business.
From next year Axa says it will impose a 33% diversity target for investee companies in the developed world and will begin challenging emerging market companies to have at least one female director on their boards, or 10% of places on larger boards.
While progress has been made on gender boardroom representation in recent years, there are concerns. I
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