No Women on Glencore’s Board Marks Mining Imbalance: Commodities
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Glencore International Plc’s $36 billion takeover of Xstrata Plc will unite about 130,000 employees that operate in more than 40 countries. The proposed board of directors doesn’t include a single woman.
Mining lags behind every other industry, including oil and gas, in terms of gender diversity, with women occupying just 5 percent of board positions, according to a January report by Women in Mining U.K. and PricewaterhouseCoopers. Of the seven companies in the U.K.’s benchmark FTSE 100 Index with all-male boards, five are miners. Four of the world’s five biggest mining companies trade in London.