Companies including JD Wetherspoon, the pubs group, have attracted criticism for failing to provide details of their gender diversity to the government review GETTY IMAGESThe main lobby group for institutional investors has written to a string of the biggest listed companies demanding to know why they have so few female directors and calling on them to redress the balance. The Investment Association has targeted 14 businesses in the FTSE 100 and 21 smaller companies for either undershooting government-backed targets or failing to report figures on gender diversity. The trade body for UK investment managers has 240 members which between them look after £6.9 trillion of assets on behalf of savers and investors. Its intervention comes amid an unprecedented effort to fight gender inequality in business, backed by the government, which has ordered all companies with more than 250 staff to disclose the difference in pay between men and women.
Source: The Times April 17, 2018 22:52 UTC