The Equality and Human Rights Commission has responded to the release of the report of Lord Davies on women in the boardroom.
24 February 2011
In response to the release of the report of Lord Davies on women in the boardroom, Stephen Alambritis, Commissioner at the Equality and Human Rights Commission, said:
“At the current rate of change it will take 73 years for women to achieve equal representation on the boards of FTSE 100 companies. We need to speed up progress. This is not just a moral issue. Our businesses are paying a penalty; there is evidence that more diverse boards take better and more responsible decisions.
“Clearly, we agree with Lord Davies that business needs to put its house in order. We also agree that it would be better for companies to take action themselves without government having to impose quotas upon them. We do, however, need them to demonstrate real progress on this issue – and not just in relation to women but in terms of diversity of all kinds.
“The Commission will make this a priority for our investigations over the next two years. We hope that our work will show that companies are really taking action.”
Lord Davies' review, Women in the Boardroom now published HERE
and Equality in the Boardroom - jml Training News Release 28th February 2011 HERE