Tag: FTSE 350
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?
Why is there a progress gap between FTSE gender and ethnicity targets?
We need a renewed focus on the representation of both gender and ethnicity on boards, ensuring targets are comparable and given equal profile.
FTSE firms given written warning over gender diversity
The Investment Association and Hampton–Alexander Review team have written to 63 companies asking how they intend to improve the gender balance on their leadership teams.
Parker Review reveals slow progress on ethnic minority appointments
Latest update of Sir John Parker’s report finds 37% of FTSE 100 companies surveyed have no ethnic minority representation on their boards.
Hampton-Alexander CEO warns of ‘challenge to shift attitudes’ on gender diversity
Some companies have adopted a “one and done” attitude to female representation on boards, said Denise Wilson in a speech to the ICSA conference.
Watchdog spotlights KPMG for ‘deterioration’ in audit quality
The Financial Reporting Council has highlighted a worsening in audit quality at KPMG as reports that audit standards across the Big Four firms has fallen.
Legal & General and investment group to ‘vote against’ non-diverse boards
Both Legal & General Investment Management and The Investment Association have fired warning shots at FTSE 350 boards to improve gender diversity, or face the consequences.
Could a revised governance code offer broader scope?
A revision of the UK’s Corporate Governance Code is out for consultation. Will it bring a halt to corporate scandal, and does it promise a bigger, broader objective?
FTSE 350 firms urged to increase gender diversity in leadership teams
Progress slows among the largest listed companies to achieve board gender diversity, while the broader leadership target extends to include all FTSE 350 companies.
Investors turn the screws over toned-down executive pay awards
The Investment Association releases its review of remuneration principles, warning FTSE350 companies that it expects the trend for toning down pay awards to continue into next year.