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.
