The most recent FTSE Ladies Leaders Overview report, backed by the federal government and sponsored by Lloyds Banking Group and KPMG, confirmed FTSE 350 companies have continued to hit the goal of getting 40% of ladies on boards.
The goal was first achieved in 2023 when 40.2% of FTSE 350 boards positions had been held by girls.
This yr’s determine of 43% is up from 42.1% in 2024 and 24.5% in 2017, when the report was launched.
The most recent evaluation positioned the UK in second place within the G7 in feminine illustration on boards after France, the place 45.4% of board roles had been held by girls.
Chancellor Rachel Reeves stated: “The UK is main the cost for gender equality in boardrooms, however we can’t relaxation on our laurels.
“We should break down the limitations that cease many ladies being represented in decision-making roles, in order that prime expertise reaches the best ranges of management in companies driving financial development throughout Britain.”
Vivienne Artz, CEO of the FTSE Ladies Leaders Overview, stated: “With its distinctive government-backed and business-led voluntary strategy, the UK has spearheaded a world-leading transformation within the highest ranks of business.
“While FTSE 350 firm boards at the moment are gender-balanced, sustained effort and dedication is required to realize the 40% goal for ladies in management by the tip of this yr.”
