Fourth Annual Progress Report on Women on Boards
Lord Davies has published his fourth annual progress report on women on boards. The report notes continued progress by FTSE 350 companies in increasing the number of female board members since the first report was published in 2011. As at 1 March 2015, women accounted for 23.5% of FTSE 100 and 18% of FTSE 250 board positions, an increase from 20.7% and 15.6% respectively in March 2014 (and an increase from 12.5% and 7.8% respectively in February 2011). There were 23 all-male boards in the FTSE 250, a decrease from 48 last year and 131 in 2011. For the first time, there were no all-male boards in the FTSE 100. Lord Davies notes that in order to reach the target of 25% female board representation by 2015, fewer than 20 new women need to be appointed to FTSE 100 boards in the next nine months.
The report also sets out areas for development in 2015.
A copy of the Report is available on the gov.uk website. (PDF)