7th March 2019
It’s International Women’s Day – an opportunity for businesses to reflect on where we stand in terms of gender balance in the boardroom and beyond. How many of us see gender diversity as a core business issue? How many of us truly consider work and home equality our responsibility? Emboldened employers and, crucially, employees have woken up to the fact that balance is not a women’s issue, it’s a business issue – with women in the boardroom being a key part.
Response to Government backed targets made in 2016 show that UK businesses are slow to get up to speed. According to the recommendations, the target is for FTSE 350 companies to have women make up a third of their boards and executive committees by the end of 2020 FTSE 100 companies are on track to meet the target for female board representation, with 305, (29%), of board roles held by women. But in the next largest 250 public companies, only 23.6% of board roles were, in June last year, held by women.
Gender balance is essential for economies and communities to thrive. It’s something in which we all need to be invested, and we ignore it at our peril.
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