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...
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...
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...
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...
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...
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 ...
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%...
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, ...
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...
25 February, 2019
