Tag: Board composition
LGIM says it’s ‘time for action’ to boost ethnic diversity on boards
Fund manager warns FTSE 100 nomco chairs that it will vote against reappointments “if they fail to meet expectations on ethnic diversity”.
Gender diversity on boards pays dividends—but inequality persists
Evidence shows that diversity on boards boosts financial performance. So why are some firms still failing to reach gender targets?
Profile: Amanda Blanc, CEO of Aviva, brings a policy of change
The new chief executive has already announced a deal to sell a £1.6bn stake in Aviva’s Singapore business—and analysts expect more big changes to follow.
Profile: Jane Fraser, new Citigroup CEO, breaks the Wall Street barrier
While the appointment is an historic moment for the US banking sector, the Cambridge-educated Scot had long been tipped for the top.
Board moves: Domino’s delivers on gender diversity after industry pressure
The pizza delivery firm has appointed Natalia Barsegiyan and Lynn Fordham as non-execs following criticism over its board composition.
Equality pays: the economic and social benefits of women on boards
The economic, social and environmental benefits derived from greater gender equality on boards are numerous—and increasingly important to investors.
From codes to committees: the institutionalisation of business ethics
Ethics committees are a powerful signal of commitment to an ethical agenda. A recent study looked at the factors that determine whether an organisation takes this step.
Warning over boardroom composition as businesses adapt to Covid-19
A report from ecoDa cautions that current boardroom composition may not “respond to the imperatives” of the post-pandemic business environment.
Axa introduces 33% gender diversity target for investee companies
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.
Investors want gender diversity on boards—but aren’t sure about targets
While investors are split on the issue of adopting targets, support is growing for taking proactive steps to promote greater board gender diversity.