Business: Equality

Women and Equalities written question – answered on 25th July 2019.

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Photo of Paul Farrelly Paul Farrelly Labour, Newcastle-under-Lyme

To ask the Minister for Women and Equalities, what steps she is taking to increase diversity across all levels of FTSE 100 companies.

Photo of Victoria Atkins Victoria Atkins The Parliamentary Under-Secretary of State for the Home Department, Minister for Women

The Government is working with the business community through the Business Diversity and Inclusion Group to coordinate action to increase diversity and inclusion in the workplace. The Government has commissioned and supports several business-led, independent reviews on promoting diversity. These include the Hampton-Alexander Review which has a 33% target for women on boards and in senior leadership positions across the FTSE 350 by 2020. Also the Parker Review to increase the ethnic diversity of FTSE 350 boards by 2024.

These reviews form part of the Government’s modern Industrial Strategy which aims to build an economy that works for all.

Women hold a higher percentage of senior leadership positions than ever before with 32.3% of women on FTSE 100 boards.

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