To ask Her Majesty's Government what steps they have taken to encourage greater diversity on executive level boards.
13 February 2020
The Government is committed to working with the business community to create more inclusive workplaces from the shop floor to the boardroom.
The Government commissioned and supports the business-led, independent Hampton-Alexander Review which has a 33% target for women on boards and in senior leadership positions across the FTSE350 by close 2020.
Women hold a higher percentage of senior leadership positions than ever before and I am pleased that the FTSE100 have achieved their 33% target ahead of schedule.
Government also fully supports the Parker Review, published in October 2017, which looks at ethnic minority representation on FTSE100 and FTSE250 boards. The review recommends that FTSE100 and 250 boards should have at least one director of colour by 2021 and 2024, respectively. The Government also supports the recently launched Leaders As Change Agents board which is working to increase diversity in critical decision-making roles.