“Our belief is that, as more women join boards without the imposition of quotas, the more they can demonstrate the value they can add. By the time we get to 30%, the system will be self-perpetuating.”

Helena Morrissey, CEO, Newton Investment Management and 30% Club founder

The germ of the idea for the 30% Club came in May 2010. Helena Morrissey, CEO of Newton Investment Management, and Labour peer Mary Goudie were chatting after a meeting about Cranfield School of Management’s Female FTSE Report, which revealed how few women were making it into top positions.

They agreed that talking was not enough to get more women into the boardroom. A concerted effort by the business community was required – spearheaded by a non-commercial organisation to coordinate activities.

Two Chairmen – Sir Roger Carr of Centrica and Sir Win Bischoff of Lloyds Banking Group – had declared their commitment within hours of the idea being floated. The 30% Club was formally launched in November 2010.

30% Club structure:

Members
Champions
Steering Committee

Associated organisations
The FTSE Cross-Company Mentoring Programme
The Professional Boards Forum