FTSE 100 companies are on course to hit Lord Davies' target of having 33% women on their boards by 2020 - but smaller firms on the London Stock Exchange are still lagging behind, according to the latest Hampton-Alexander Review. We delved into the report:
Increased transparency: Firms are no longer afraid to submit data on their female leadership. For the first time, every single FTSE 100 company handed in information on the number of women in their top echelons, and only 10 companies in the FTSE 250 failed to submit data. ‘In itself, that’s real progress,’ said the report. It’s a symbolic statement of intent from the FTSE: boardroom diversity can no longer be ignored.
Real progress has been made: Of the FTSE 100, 27.7% of women sit on boards compared with 12.5% in 2011. Next, Severn Trent and Diageo are leading the charge with the highest number of females on their boards and in leadership positions.