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Women on boards report shows slow progress

The Prime Minister has challenged more businesses to set out their plans to increase female representation at senior levels.

The Prime Minister has challenged more businesses to set out their plans to increase female representation at senior levels. Only 21 women have been appointed to board positions in FTSE 100 companies, out of a possible 93 which is well short of the progress target recommended by the Davies report.

The latest Women on Boards progress report finds that 61 FTSE 100 companies have responded to the Lord Davies review, acknowledging that gender diversity is an issue, with 33 setting targets for the percentage of women they aim to have on their boards. The report also shows that only 21 women have been appointed to board positions out of a possible 93, which at 22.5% is some way short of the 33% recommended in the Davies report. The Prime Minister made it clear that although progress had been made, he wanted more businesses to drive this issue forward. He has also written to the FTSE350 companies that have still to set out their plans. Lord Davies recommended in his review that the FTSE 350 should be setting their own, challenging targets.

 

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