This is a 2024 update report from the Parker Review, supported by EY. Two years have passed since the target deadline for FTSE 100 companies to have at least one ethnic minority director on their board. In 2021, 89 of the 100 companies met this target. Last year, 96 companies met the target and we now report the same outcome in 2023.

In the FTSE 250, ethnic minorities now hold 13.5% of all director positions in the 222 companies which provided data; this is a rise of 2.5 percentage points from the 2022 comparative of 11%. The number of ethnic minority chairs in these companies increased from 5 to 8, while the number of ethnic minority CEOs is unchanged at 14.