Women ‘now 25% of FTSE boards’

Martha Lane Fox

Image caption

Martha Lane Fox is on a house of FTSE 100 association Marks and Spencer

The UK’s tip companies have reached a “major milestone” in augmenting a array of women in their boardrooms, though some-more needs to be done, a new news is approaching to say.

FTSE 100 companies have now met a intentional aim of 25% women house members, says a report’s author, former trade apportion Lord Davies.

But he says this should now be transposed by a new aim of 33% of women house members during FTSE 350 firms by 2020.

His full news is due out later.

Lord Davies pronounced there had been a “steady and postulated increase” in a array of women portion on FTSE play given 2011, when they done adult 12.5% of house members during companies listed on a 100-share index.

He cautioned opposite a introduction of legally enforced quotas to pledge a womanlike participation on boards, describing them as “unwarranted”.

‘Significant effort’

The swell done so distant supposing “clear justification that a voluntary, business-led proceed is working”, he said.

Lord Davies pronounced a subsequent 5 years should see “substantive and tolerable alleviation in women’s illustration on play of FTSE 350 companies”.

“Following 5 years of poignant bid on a partial of a biggest FTSE boards, all FTSE-listed companies should be holding action,” he added.

The supervision has already pronounced it skeleton to move in a aim to embody women on a play of all a UK’s tip 350 companies.

This will come as partial of a array of “equality-boosting measures” that it hopes to deliver in a initial half of 2016.

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