Women not quite on board to reach government target

While making some progress, Britain’s company boards have some way to go to meet the government’s 33% target for women appointed by 2020.

This is according to data to mark the midway point of the government-backed Hampton-Alexander Review.

The review, launched in 2016, aims to ensure that talented women at the top of business are recognised, promoted and rewarded. It set FTSE 350 businesses a target of having 33% of all board and senior leadership positions held by women by the end of 2020.

Yesterday’s figures revealed 29% of FTSE 100 board positions are held by women, up from 12.5% in 2011. The data shows if progress matches the same gains made over the last three years, FTSE 100 companies are on track to meet the 2020 target.

However, while the number of women on boards has increased to 25.5% in FTSE 350 companies, around 40% of all appointments would need to go to women over the next two years for the FTSE 350 to hit the 33% target.

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