CBI to step back early from top firms’ boardroom diversity initiative

High-profile companies reportedly discussed cutting ties with the business lobby group

The Confederation of British Industry will step back earlier than planned from its role in a boardroom diversity initiative involving the UK’s biggest companies, as the business lobby group struggles to recover from sexual misconduct allegations.

The CBI had been at the heart of the Change the Race Ratio campaign, which champions racial and ethnic minority representation on UK company boards and leadership teams, with some of its staff helping to run it.

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