| answer text |
<p>The Government supports Cranfield University which produces the Female FTSE report.
This measures progress annually of the female representation on UK listed boards.</p><p>
</p><p> </p><p>· In 1999 the proportion of women directors was 6.29%. This included
female Executive Directors (EDs) at 2.02% and Non-Executive Directors (NEDs) at 10.82%.
In 2000 the proportion of female directors had fallen to 5.81%.</p><p> </p><p> </p><p>·
In 2011 the Government established the Lord Davies Review when the number of women
on FTSE boards was still only 12.5%.</p><p> </p><p>· The latest figures published
in November show almost a doubling of these figures since 2011. Nearly 23% (249) of
directors in the FTSE100 are now women. Of these 8.4% (24) are executive directors
and 27.9% (225) are non-executive directors. There are now no all-male boards left
in the FTSE100 and we are on track to meet the target set by Lord Davies of 25% women
on boards by 2015.</p><p> </p><p>With the Financial Reporting Council (FRC), Government
also funds Cranfield University to monitor corporate governance practices in respect
of whether companies are complying with the changes in the FRC code. The last report
was launched by the Minister for Women and Equalities on 5 November. The report shows
progress is being made in the FTSE 100 companies with 85% having a clear policy on
boardroom diversity in comparison to 65% last year. The Government wants to see all
companies addressing every point of the new Code in their reporting.</p><p> </p><p>
</p><p> </p>
|
|
