More women on boards: a step in the right direction

The Fawcett Society welcomes the increase in the number of female directors on boards in Britain’s top companies, announced by Lord Davies of Abersoch today.

The annual review of Women on Boards steering group, led by Lord Davies, shows that women’s representation on FTSE 100 boards now stands at 23.5 per cent, almost double the figure of 12.5 per cent in 2011. The representation of women on FTSE 250 boards is 18 per cent, up from 7.8 per cent figure in 2011.

Belinda Phipps, Chair of the Fawcett Society, says: “This is welcome news. It is an issue we have campaigned on for a long time as women can make an enormous contribution to the country’s economic growth but that potential is being wasted.

“It is interesting that the report recognises that there is no shortage of supply of talented, aspiring women who are ready to fill these roles and that they come from an increasingly diverse range of backgrounds and sectors.

“The findings are a good start but there are still too few women in senior positions. There are still 23 all-male boards in the top 250 companies. We will continue to monitor the progress and look forward to women taking up the roles that reflect their true abilities.”

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