Diverse board members in boardroom

15 March, 2021

Parker Review urges final push to meet FTSE 100 ‘one by 2021’ target

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 ethn...
Boardroom meeting with diverse board members

5 February, 2021

Progress on ethnic diversity in FTSE 100 boardrooms ‘has stalled’

“The snowy peaks of British business remain stubbornly white.” Those are the words of Trevor Phillips, chair of Green Park, the consultancy whose research this week revealed the cause of ethnic di...
Black businesswoman looking out over the city

26 January, 2021

WEF launches coalition to ‘put racial equality on the board agenda’

Saadia Zahidi, managing director of the World Economic Forum (WEF), points out this poignant fact: just 1% of Fortune 500 companies are led by Black chief executives. She highlighted the statistics th...
Board meeting in glass-walled office

15 January, 2021

‘A systemic risk’: investors demand greater ethnic diversity in boardrooms

In case there was any doubt: it’s time to address the lack of ethnic diversity in boardrooms. The issue has been in the background for some time, but the Black Lives Matter protests in the US, UK...
LG group logo on website

6 October, 2020

LGIM says it’s ‘time for action’ to boost ethnic diversity on boards

With progress made on gender diversity, one of the UK’s biggest investors is switching its focus to ethnic diversity on boards. Legal and General Investment Management (LGIM) has written to nomin...
Colleagues on laptop in light, airy office

24 August, 2020

Why is there a progress gap between FTSE gender and ethnicity targets?

This year we just reached the Hampton–Alexander Review’s target for female directors in the FTSE 350; next year, we are very much on course to badly miss the Parker Review’s target for directors...
Sign at protest after the death of George Floyd

5 June, 2020

Black Lives Matter: US corporates speak out

As protests continue against the brutal killing of George Floyd by police in Minneapolis, corporate America has felt unable to remain quiet. A slew of companies have made their views heard through ...
Diverse board members in boardroom

19 May, 2020

McKinsey diversity report highlights growing performance risk

There is a stark warning in the McKinsey report on diversity in business. Those companies that are the least gender diverse are 19% more likely to underperform on profitability. That’s up on the 15%...
Diverse board members in boardroom

6 February, 2020

Parker Review reveals slow progress on ethnic minority appointments

Britain’s largest companies are failing to appoint members from ethnic minority groups, according to the latest iteration of the Parker Review. This year’s report, compiled by Sir John Parker, ...
Boardroom meeting with diverse board members

15 October, 2019

How companies can develop more diverse boardrooms

Diversity is well-established on the boardroom agenda—but many boards are still far from diverse. The number of women on FTSE 100 boards reached 30.2% in 2018, according to the third report of th...