A Report into the Ethnic Diversity of UK Boards
Board Apprentice mentioned in the Parker Review published yesterday in the U.K. EY’s website mentions its findings on their website as follows:
Each FTSE 100 Board should have at least one director of colour by 2021, and each FTSE 250 Board by 2024, according to The Parker Review report, Beyond One by ‘21, released at an event held at EY’s UK headquarters today.
The report reveals that out of 1,087 director positions in the FTSE 100, only 8% of positions are held by directors of colour, of which 1.5% are UK citizens, despite the fact that 14% of the total UK population is from a non-white ethnic group (up from 2% in 1971).
Seven companies account for over one-third of directors of colour in the FTSE 100, whilst 53 of the FTSE 100 do not have any directors of colour at all. The research was undertaken in March 2016 by Dr. Doyin Atewologun of Queen Mary University of London, and Visiting Fellow of Cranfield School of Management.