Wed | Dec 7, 2016

UK study: women to make up 25 percentage of boards by end of 2015

Published:Thursday | March 26, 2015 | 12:00 AM

LONDON, England (AP):

The percentage of women on the boards of the country's top companies is on track to meet a target of 25 per cent by the end of the year, a study tracking female achievement said yesterday.

The report from the Cranfield International Center for Women Leaders said that 23.5 per cent of boards of the companies listed on the UK's main stock index, the FTSE 100, are now comprised of women, up from 20.7 per cent last year. Some 263 directorships are held by women.

Though a paltry 8.6 per cent of women are in executive directorships, that figure represents an all-time high.

"This is a critical time for British businesses, not just to meet the 25 per cent target, but also to continue to diversify their boards and organisations beyond the 2015 target," said report co-author Ruth Sealy. The 25 per cent target is a voluntary goal set up by a British government steering group.