IA singles out FTSE 350 companies with poor gender diversity on boards

Letters to 35 companies

The Investment Association has written to 35 FTSE-350 companies asking them to explain their poor female representation at leadership level, as investors urge groups to move towards targets set out in the Hampton-Alexander Review.

FTSE 100 companies with all-male executive committees, such as BP and Smurfit Kappa Group, and companies whose combined executive committees and direct reports have low proportions of women, such as Persimmon and TUI, have been singled out to explain the steps they are taking to move towards an improvement in diversity. In addition, the IA and the Hampton-Alexander Review have also written to 11 companies in the FTSE 250 who have all-male boards, including Sports Direct and Stobart Group, and ten companies who chose not to report their gender diversity data to the Hampton-Alexander Revie...