FTSE 100 boards falling short on ethnic diversity transparency standards

Investment firms call for greater progress

Investment managers are calling for greater transparency on ethnic diversity on FTSE 100 boards after it was revealed they were failing to release information on diversity progress in their annual reports.

Almost three-quarters of FTSE 100 companies failed to report the ethnic make-up of their boards in this year's AGM season, according to the Investment Association (IA). Cross-industry mentoring programme launched for senior black professionals Investors have previously asked companies to include information on the ethnic make-up of their boards alongside gender diversity in their annual reports. However, this lack of information is preventing investors from holding companies to account on their progress. FTSE 100 boards are expected to have at least one director from an ethnic m...