Women: Board Membership

House of Lords written question – answered on 20th March 2014.

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Photo of Lord Bourne of Aberystwyth Lord Bourne of Aberystwyth Conservative

To ask Her Majesty’s Government what steps they are taking to help promote the case for women in the boardroom.

Photo of Viscount Younger of Leckie Viscount Younger of Leckie The Parliamentary Under-Secretary of State for Business, Innovation and Skills

The Government has been implementing Lord Davies’ voluntary business-led strategy to increase the number of women in UK boardrooms.

The Corporate Governance Code now requires boards to report on their diversity policy. Executive search firms have pledged to ensure that women make up 30% of long-lists, and as of October 2013, quoted companies are required to disclose their gender balance at various levels.

Women now account for 20.4% of board members in FTSE100 companies (figures from January 2014), up from 12.5% in February 2011.

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