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This Trillion-Dollar Investors' Group Is Challenging Australia's All-Male Boardrooms

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  • Investor giant ACSI to vote down boards that aren’t diverse
  • Pace of boardroom change has slowed in Australia this year

All-male boards take note: your biggest investors have run out of patience.

The Australian Council of Superannuation Investors -- whose members have over A$1.5 trillion ($1.1 trillion) of funds under management –- have pledged to vote down boards that aren’t making sufficient progress on gender diversity.