Tag: Parker Review
Building better boards: why firms must accelerate diversity in leadership
Our latest podcast sees experts discuss the importance of advocacy, the role of HR and the risks of governance reform.
Diversity in the UK: progress on targets, but power imbalances remain
Despite progress in diversity at board level, a more critical lens is required to see past “quick wins” for long-term, sustainable change.
Parker Review urges final push to meet FTSE 100 ‘one by 2021’ target
The “one by 2021” campaign to increase ethnic minority representation on UK boards has seen “significant progress”—but laggards remain.
Progress on ethnic diversity in FTSE 100 boardrooms ‘has stalled’
Research by consultancy Green Park finds just 3.4% of chairs, CEOs and CFOs have ethnic minority backgrounds—the same proportion as in 2014.
WEF launches coalition to ‘put racial equality on the board agenda’
AstraZeneca, Unilever, BlackRock and IKEA are among the companies taking part in a project to improve racial equality in business.
‘A systemic risk’: investors demand greater ethnic diversity in boardrooms
State Street’s CEO says ethnic diversity on boards is “material to long-term sustainable returns”. It’s a reminder that businesses do not exist in a vacuum.
LGIM says it’s ‘time for action’ to boost ethnic diversity on boards
Fund manager warns FTSE 100 nomco chairs that it will vote against reappointments “if they fail to meet expectations on ethnic diversity”.
Why is there a progress gap between FTSE gender and ethnicity targets?
We need a renewed focus on the representation of both gender and ethnicity on boards, ensuring targets are comparable and given equal profile.
Black Lives Matter: US corporates speak out
Companies are increasingly willing to take a stand on social and political issues. But experts warn that words must be backed up by policies.
McKinsey diversity report highlights growing performance risk
Companies that score poorly on both gender and ethnic diversity are 27% more likely to underperform on profitability, according to the latest McKinsey report on diversity.