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Green investment trust with all-female board plans £150m IPO
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An investment trust focused on renewable energy is expected become the first company with an all-female board to float on the London Stock Exchange.
Atrato Onsite Energy, which has announced plans to raise £150m by listing in London, is run by three women who make up its board, surpassing voluntary targets for getting more women into senior roles across most of the FTSEcompanies.
It marks another victory for diversity advocates, after the government-backed Hampton-Alexander review revealed earlier this year that it had achieved its target of 33% of board positions at FTSE 100 and FTSE 250 firms being held by women by the end of 2020.
Just over a fifth (21%) of FTSE 100 boards and 32% of FTSE 250 boards had yet to reach the target.
The Atrato
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