Women on boards — signs of improvement
The recently published third annual progress report shows clear and positive signs of the increased representation of women on the boards of FTSE 350 companies.
In his report, Lord Davies has praised the voluntary approach taken by quoted UK companies, with the initial target of 25 per cent representation by 2015 having nearly been attained. Women’s representation on FTSE 100 boards is now 20.7 per cent — a vast improvement from the mere 12.5 per cent in 2011; women represent 15.6 per cent of the boards of FTSE 250 companies in comparison with just 7.8 per cent in 2011; and fewer than 50 women need to be appointed to FTSE 100 boards in the next 18 months for us to reach our 25 per cent target.
These figures reflect a change in the attitudes and culture of British businesses; the advantages of diversity and attracting a wider pool of talent are becoming clear. However, the following are some of the recommendations Lord Davies put forward in order for us to reach, and hopefully surpass, the target…
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