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MP Pension reproaches companies with all-male boards

The female-male ratio in the board rooms of Denmark's largest listed companies has diverged very little. MP Pension reproaches companies too slow to increase the number of female board members which they claim is due to time constraints.

Anders Schelde, investeringschef i MP Pension. | Photo: PR.

Following this spring's round of annual general meetings, 2018's female-male ratio of board members in Danish listed companies is 25.8:25.6 percent. And out of 37 listed companies, only one has a female board chair. In other words, the process of including more women is taking too long and at a slow pace, prompting MP Pension to raise its voice to the companies in question, reports Danish business daily Berlingske Business.

Most recently, MP Pension sent a clear message to Rockwool, a company with an all-male board, by abstaining from voting in favor of the re-election of all board members at the company's latest AGM.

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