IA takes aim at diversity and exec pensions ahead of AGM season

Will 'red top' worst offenders

Mike Sheen
clock • 2 min read

The Investment Association (IA) will for the first time name and shame firms with poor levels of diversity and excessive executive pension contributions in this year's AGM season.

Via its Institutional Voting Information Service (IVIS), which provides corporate governance research to shareholders, the IA will "red top" companies - the highest level of warning IVIS issues - that have no or only one women on their board. Diversity blog: How online 'nudges' encourage women to invest IVIS will also issue its second highest warning "amber top" for companies not on course to meet the requirements of the Hampton-Alexander review, which encourages companies to have 33% of their board comprised by women by 2020. IVIS will also highlight any board with women representing...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

FCA and FOS release call for input to modernise redress system

FCA and FOS release call for input to modernise redress system

After Reeves’ Mansion House speech

Isabel Baxter
clock 18 November 2024 • 3 min read
Government to bring ESG ratings providers under FCA mandate

Government to bring ESG ratings providers under FCA mandate

Request for input by 14 January

Linus Uhlig
clock 15 November 2024 • 4 min read
FCA admits there could have been better handling of name and shame proposals

FCA admits there could have been better handling of name and shame proposals

Update on proposals due next week

Sorin-Andrei Dojan
clock 13 November 2024 • 3 min read
Trustpilot