Shareholders filed more unconventional proposals and backed more social resolutions than previous years, but virtual AGMs and insufficient Say on Climate resolutions suggest there’s still a long way to go.
Summary
The Final Hampton-Alexander Review regarding women on boards has been published. This business-led independent Review has achieved significant progress - women now make up around 40%, in aggregate, of the non-executive directors on FTSE 350 boards. There is, however, a continuing challenge in the proportion of senior women executives on boards and on executive committees as well as the number of women with ethnic minority backgrounds.
This briefing looks at the key findings from the final review, sets out Sir Philip Hampton’s recommendations for the future and reminds companies of some of the views from key stakeholder groups.
Background
The 2016 Hampton-Alexander Review recommended that: