The “one by 2021” campaign to increase ethnic minority representation on UK boards has seen “significant progress”—but laggards remain.
The Parker Review of ethnic minority representation on the boards of the UK’s largest companies has warned laggards that there is still time to meet the December deadline of having at least one ethnic minority board member, or “one by 2021”.
The latest survey reveals that a small core of FTSE 100 members may be struggling to appoint a single ethnic minority member to their boards. That said, the FTSE 100 has edged closer to the target first declared in 2017.
A survey completed in November last year revealed 74 FTSE 100 members had met the target. Since then a further seven have made announcements revealing they too are now complia
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The data breach involving 87 million Facebook users and Cambridge Analytica, the data analytics firm, was a “profound failure of governance” within the social media business, according to a committee of UK MPs.
Research shows that 85% of firms in Europe and the US were not ready for the new data protection regulation by the May deadline, with a quarter confessing they would not be compliant even by the end of the year.
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