On 9 November 2017, the Hampton-Alexander Review published a supplementary report assessing the progress made on gender balance in FTSE leadership. In its initial report, published a year ago, the Review set the following targets, in each case to be achieved by the end of 2020: for FTSE 350 companies, a minimum of 33% women's representation on their boards and, for FTSE 100 companies, a minimum of 33% women's representation on their leadership teams (either those who sit on a company's executive committee or those who directly report to members of that committee).
According to the report, women's representation on the boards of FTSE 100 companies stands at 27.7%, compared with 26.6% last year. However, if FTSE 100 companies are to hit the 33% target by the end of 2020, they will need to achieve the same rate of progress over the next three years as in the last three, with a step up in the appointment rate.
The report extends the FTSE 100 target to achieve 33% representation across leadership teams to FTSE 250 companies. The report states that, if the target is to be achieved by 2020, around 40% of all appointments will need to go to women over the next three years.
The report can be found here:
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