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Europe’s Mining, Tobacco Giants Suffer Boardroom Diversity Blow

  • Rio Tinto, Anglo American see decline in female directors
  • Setback in mining comes amid overall diversity gains in Europe

Europe’s giants of mining and tobacco now have so few women sitting on their boards that some have even dropped below a key threshold widely regarded as a minimum standard of diversity.

Last month, Rio Tinto Group and British American Tobacco Plc both saw the proportion of female directors sink to just below the 33% target set by the Hampton-Alexander Review. Anglo American Plc also experienced a decline in the number of women on its board, but managed to stay above the threshold of one-in-three.