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Latest report highlights a continued increase in the numbers of women on boards

  • Corporate Governance  Image

15 Jul 2019

A report published by Cranfield School of Management shows that the percentage of women on boards continues to increase and indicates that “the FTSE 250 is starting to catch up with the FTSE 100”.

The report The Female FTSE Board Report 2019 (the Cranfield report”) indicates that over the past 12 months the percentage of women on FTSE 100 boards has increased from 29% to 32%. It indicates that “the 33% target set for 2020 is well in sight” for the FTSE 100 companies and with a “concerted push” the FTSE 250 could also reach the target.

The key findings in the Cranfield report are:

FTSE 100:

  • The percentage of women on FTSE 100 boards has increased from 29% to 32%
  • 48 companies having reached the target set for 33% women on their boards by 2020.
  • 292 women hold 339 directorships on FTSE 100 boards.
  • The percentage of female non-executive directors (NEDs) is at the all-time high of 38.9% however the report indicates that “the percentage of female executives remains worryingly low at 10.9%”

FTSE 250:

  • For the FTSE 250, the reports indicates that “there has been progress”.
  • The percentage of women on boards has increased from 23.7% to 27.3%.
  • The number of companies with at least 33% women on their boards has increased from 59 to 88.
  • There are only 3 all-male boards
  • The percentage of female NEDs is 32.8% but the percentage of female executive directors (EDs) “remains low” at 8.4%.

The report also looks at the diversity characteristics of all the female directors of the FTSE 100 boards.

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