Lord Davies announces results of diversity report

Lord Davies announces results of diversity report

Having set a target of 25% female representation on FTSE100 Boards by 2015 four years ago, Lord Mervyn Davies today announced that the target has been surpassed.

He has now raised the target to 33%, which is to be achieved by 2020. This new objective will apply to all FTSE350 companies. There will not be any legally enforced quotas.

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