Companies get knuckles wrapped over lack of gender diversity on boards

Investment manager trade body The Investment Association and the Hampton-Alexander Review have written to 69 of the UK’s top companies expressing concerns about the lack of gender diversity on their company boards.

The letter, which has been sent to companies with no women or just one woman on their board, asks the FTSE350 companies to detail what action they are taking to make progress and ensure they are meeting the Hampton-Alexander targets of 33% of women on their board and leadership team by 2020.

The letter follows the announcement in February that IVIS, the Investment Association’s voter information service, will give a ‘red-top’, its highest warning level, to so-called ‘one and done’ companies who have just a single woman on their board.

The 69 companies that were sent letters are:
Companies with one woman on board
3I Infrastructure 
888 Holdings 
Acacia Mining 
Alliance Trust 
Amigo Holdings 
Apax Global Alpha
Baillie Gifford Japan Trust 
BCA Marketplace 
Cairn Energy 
Caledonia Investments 
Capital Counties Properties 
Charter Court
City of London Investment Trust 
Civitas Social Housing 
Dominos Pizza Group 
Edinburgh Dragon Trust 
Edinburgh Investment Trust 
Energean Oil & Gas 
F&C Commercial Property Trust 
Fidelity China Special Situations 
GCP Infrastructure Investments 
Grafton Group 
Greencoat UK Wind 
Greene King 
Harbourvest Global Private Equity 
Herald Investment Trust 
HG Capital Trust 
HICL Infrastructure Company 
Hill Smith Holdings 
Hilton Food Group 
Hochschild Mining 
IP Group Plc
JD Sports Fashion 
JPMorgan American Investment Trust 
JPMorgan Emerging Markets Investment Trust 
JPMorgan Japanese Investment Trust 
Jupiter European Opportunities Trust 
Just Group 
Monks Investment Trust 
NB Global Floating Rate Income Fund
No women boards
Pantheon International 
Personal Assets Trust 
Primary Health Properties 
Rank Group 
Restaurant Group 
Riverstone Energy 
Schroder Asia Pacific Fund
Sequoia Economic Infrastructure Income Fund 
St James Place 
Stobart Group
Telecom Plus 
Templeton Emerging Markets Investment Trust 
Tritax Big Box REIT 
Vietnam Enterprise Investments 
VinaCapital Vietnam Opportunity Fund 
Witan Investment Trust 
Worldwide Healthcare Trust 

Companies with no women on board
Daejan Holdings
Millennium & Copthorne Hotels
TR Property Investment Trust

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