Investment Association uses looming AGM season to issue ‘amber’ warnings to boards over lack of diversity
Investors are turning up the pressure on companies to improve ethnic and gender diversity on their boards ahead of the annual meeting season, according to an influential shareholder adviser.
The Investment Association (IA) will issue “amber-top” warnings – the second-highest level of alert – to the biggest 350 listed firms if they do not disclose the ethnic diversity of their boards or have a credible action plan to address the issue.
