Nearly all FTSE 100 companies have met diversity targets set by the Parker Review Committee, which called for ethnic minority representation on their boards by December 2021.
A census from the Department of Business, Energy & Industrial Strategy (BEIS) shows 89 FTSE 100 companies have ethnic diversity on their boards - up from 74 in November 2020. By March 2022, another five FTSE 100 companies had announced similar appointments. Of the three companies that have not signalled a commitment to diversity, one is by acquired by a US group and will de-list, another is a UK subsidiary of another US group and the third is a Russian mining company that will soon be removed from the index. The Parker Review Committee set its ‘One by 2021' standard in 2017, applyi...
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