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Canada’s BCI targets Asia for gender-diverse boards; makes Mumbai hire

The institutional investor is tweaking proxy voting guidelines to advocate more female representation on Japanese boards. About 5.6% of British Columbia Investment Management Corporation’s assets is invested in the Asia Pacific.
Canada’s BCI targets Asia for gender-diverse boards; makes Mumbai hire
British Columbia Investment Management Corporation (BCI), the investment manager for the public sector of the province of British Columbia, is raising its expectations for the inclusion of female directors on company boards in Japan. That's according to its updated proxy voting guidelines for 2023. The institutional investor will now advocate Japanese companies to have at least one female director on their boards. “Japan is the first market in Asia we are targeting on gender d…
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