The Davies Report
We welcome the recommendations contained in the Davies Report, published in February 2011, which calls strongly for concerted voluntary action by UK companies to redress the gender imbalance of UK boards.
The report requires that all Chairmen of FTSE 350 companies set out the percentage of women they aim to have on their boards in 2013 and 2015. FTSE 100 boards should aim for a minimum of 25% female representation by 2015.
Furthermore, all CEOs are required to review the percentage of women they aim to have on their executive committees in 2013 and 2015.
The deadline for announcing these goals is September 2011.
We will be publishing results once released by Cranfield at the end of September.
