Targets may have been met but many boards still fail to address gender diversity and many have no plans to do so, writes Dina Medland. What’s going on?
More than four years after the UK government’s launch of an initiative to raise the number of female non-executive directors in FTSE 100 boardrooms—and thereby prove to the European Union that it could be done via a voluntary approach—targets have been met. But the extent to which diversity as a strategy is present in FTSE 350 boardrooms as a whole is still unclear.
In mid-July 2015, the government announced that the target of 25% women in the boardrooms of the top companies had been achieved. It also shifted the focus by simultaneously announcing new requirements for business on the disclosure of pay by gender.
The news came ahea
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