CBI: Parker Review recommendations - Ethnic diversity of UK boards
3 Nov 2016 01:27 PM
The CBI has reacted to the Parker Review Committee’s recommendations to increase ethnic diversity on FTSE 100 and 200 boards.
Josh Hardie, CBI Deputy-Director General, said:
“The Parker Review’s recommendations are an ambitious but also practical basis on which to make progress on an important issue.
“Increasing ethnic representation on boards is not only the right thing to do, it improves business’ performance by bringing together people with a variety of ideas and experiences to make better business decisions.
“We have senior, talented people of colour working in our biggest companies. FTSE 100 and 250 firms must take action now to ensure these successful candidates are being selected to serve on their boards. Not only this, companies must do more to secure their future talent and help capable employees from all backgrounds progress to senior management positions.”
“Ultimately, attracting and promoting talent from all backgrounds helps us to build inclusive and productive workplaces, in which everyone feels engaged and able to perform at their best.”