Companies

Lack of climate targets among reasons 21% of investors voted against chair - Grafton Group

Woodies-owner launched consultation after shareholders voted not to to re-elect Michael Roney in May

Michael Roney, Grafton Group non-executive chair. Picture: Fergal Phillips

Grafton Group said the company’s record on climate and gender diversity were among the reasons 21 per cent of shareholders voted against re-electing its non-executive chair.

The Irish DIY retail giant launched a consultation after more than a fifth of investors chose not to support the resolution to re-elect Michael Roney at the firm’s annual general meeting in May.

In a statement on Monday, the London-listed firm said “a mix of factors” were behind the ...