Norway's sovereign fund to vote against all-male boards in Japan

Some 300 Japanese listed companies could face Scandinavian censure

20230419 Norges Bank Investment

Norges Bank Investment Management will vote against board nominations in Japanese companies that have no female representation. (Source photo by Reuters, screenshot from fund website)

HIROKO MATSUMOTO, Nikkei staff writer

TOKYO -- Norway's sovereign wealth fund will vote against board nominations of Japanese companies it invests in that do not include any female directors, a move aimed at pressuring them to make their boards more diverse.

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