Women make up 40% of boards at top UK companies for first time

  • 📰 Reuters
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Women’s share of board seats at Britain's 350 biggest listed companies reached 40% for the first time in 2022, a UK government-backed report showed, three years ahead of plan

British Secretary of State for Trade and Industry Kemi Badenoch, walks outside Number 10 Downing Street, in London, Britain February 7, 2023. REUTERS/Toby Melville/File Photoreached 40% for the first time in 2022, a UK government-backed report on Tuesday showed, three years ahead of plan.

Improving boardroom diversity has become a focus for many policymakers and investors who say a broader range of experience improves decision-making and corporate culture. In February 2022, the business-led FTSE Women Leaders Review set FTSE350 companies a 40% target for women on boards and in leadership teams by 2025, up from a previous target of 33%.

The new goal was given official backing by the Financial Conduct Authority, which regulates listed companies,The proportion of women on FTSE 350 boards increased by almost 3% in 2022 to reach 40.2% as of Jan. 11, 2023, while in the top 100 companies, the FTSE 100, women held 40.5% of board positions, up from 39.1% in 2021, the report said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Same in mines

A looming disaster.

There is a lack of board members without a university education. It’s systemic discrimination against the uneducated.

Women are 51% of the population.

There goes the neighborhood.

It’s ok to a biological woman.

Blatant sexual discrimination should totally work out great,

ShawnFetta More of this please!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Anita's Street Market celebrates 40 yearsLocal business Anita's Street Market celebrated 40 years in Tucson by holding a small festival Feb. 25.
Source: kgun9 - 🏆 584. / 51 Read more »