Investors target French companies over lack of women in top jobs
Amundi, Axa Investment Managers and four other
asset managers have joined forces to demand that big public companies in France
appoint more women to executive jobs.
The group is calling on companies in the SBF
120, the index of the country’s 120 biggest companies, to hit a target that at
least 30 per cent of their executive management teams are female by 2025.
It warned that if companies did not make enough
progress, the asset managers could use their votes at annual meetings to punish