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

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Womens’ share of board seats at Britain’s 350 biggest listed companies reached 40 percent for the first time in 2022, a UK government-backed report on Tuesday showed, three years ahead of plan. | Reuters

LONDON—Womens’ share of board seats at Britain’s 350 biggest listed companies reached 40 percent for the first time in 2022, a UK government-backed report on Tuesday showed, three years ahead of plan.

room diversity has become a focus for many policymakers and investors who say a broader range of experience improves decision-making and corporate culture.Leaders Review set FTSE350 companies a 40-percent target forThe new goal was given official backing by the Financial Conduct Authority, which regulates listed companies, in April 2022, with the watchdog also including broader diversity targets.

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