Law Debenture move into first place FTSE 250 for Women on Boards and in Leadership
Law Debenture moved into first place, from second last year, with 59.1% women in Leadership.
We have a positive story to tell at LawDeb and are delighted to have received this recognition, and always welcome the chance to share our journey with clients, demonstrating how a diverse, equitable and inclusive workplace adds significant value for them. We are in full agreement with Co-Chairs of the Review, Penny James and Nimesh Patel, who called on event attendees this morning to “continue to work together to do the right thing for all women, embracing inclusion and diversity as a key lever for future success.”
The report, which is in its third year after succeeding the Hampton-Alexander and Davies Reviews, aims to increase the representation of women on boards and in leadership teams.
This year’s report showed that an all-time high of 42.1% of Boardroom positions are held by women in the FTSE 350, up from 40.2% last year (and from 22% in 2015), reaching the 40% target for FTSE 350 Boards three years ahead of target.
As Denise Wilson OBE, Chief Executive, FTSE Women Leaders Review steps down this year as CEO, we thank her for - as Sir Robin Budenberg, Chair, Lloyds Banking Group put it – her “vision, passion and relentless pursuit of gender equality” which have “not only put this issue at the heart of British business practices but have also set a remarkable standard for others to follow.”
Our own CEO, Denis Jackson reiterated at our December 4th 2023 “Best practices for achieving gender balance in British business” panel - hosted alongside FTSE Women Leaders Review and INSEAD Balance in Business Initiative - that:
This is a massive business issue for us organisationally, it’s one that is highly nuanced and we very much need to stay on top of. We’re pleased with the progress we’ve made but we’ve much more wood to chop and it’s very helpful to us to hear and share experiences with other people as we look to drive further progress.