Majority of FTSE 100 meeting Parker Review target

Diversity progress among CEO and CFO roles remains slow

clock • 2 min read

Nearly all FTSE 100 companies have met diversity targets set by the Parker Review Committee, which called for ethnic minority representation on their boards by December 2021.

A census from the Department of Business, Energy & Industrial Strategy (BEIS) shows 89 FTSE 100 companies have ethnic diversity on their boards - up from 74 in November 2020. By March 2022, another five FTSE 100 companies had announced similar appointments. Of the three companies that have not signalled a commitment to diversity, one is by acquired by a US group and will de-list, another is a UK subsidiary of another US group and the third is a Russian mining company that will soon be removed from the index. Women in Finance Charter: Senior management gender equality still 30 years...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Diversity

Partner Voice Women in Investment Awards 2024: Interview with Amundi ETF's Fannie Wurtz

Partner Voice Women in Investment Awards 2024: Interview with Amundi ETF's Fannie Wurtz

Partner of the eighth Investment Week Women in Investment Awards

Investment Week
clock 12 December 2024 • 1 min read
Third of financial services workers not comfortable disclosing sexual identity

Third of financial services workers not comfortable disclosing sexual identity

Lack of inclusivity of sexual orientations

Sahar Nazir
clock 04 December 2024 • 2 min read
Investment Week reveals winners of Women in Investment Awards 2024

Investment Week reveals winners of Women in Investment Awards 2024

Ceremony on 27 November

Katrina Lloyd
clock 28 November 2024 • 4 min read
Trustpilot