Norway’s oil fund calls for more women on emerging market company boards

The fund intends to vote against companies in emerging market countries that do not have multiple genders represented on their boards.
Carine Smith Ihenacho says that there have been great improvements in recent years on gender diversity on company boards, especially in Europe. | Photo: NBIM / PR
Carine Smith Ihenacho says that there have been great improvements in recent years on gender diversity on company boards, especially in Europe. | Photo: NBIM / PR

The world’s largest institutional investor, Norway’s oil fund, will push for more female board members in emerging market countries, its updated global voting guidelines state.

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