UK boardrooms have seen a rise in the number of women, with 40% of them occupying the FTSE 100 top table roles.
As per reports, the rise puts the country at the second spot in the international rankings. The country has seen a visible rise– from 12.5% in 2012.
The latest data has been published in a new report by the government-backed FTSE Women Leaders Review. The publication monitors women’s representation in 24,000 positions on FTSE 350 Boards and leadership teams of some of the UK’s biggest companies.
The report has attributed the growth to the UK government’s voluntary, business-led approach setting targets for getting more women on boards. News reports said that the UK has progressed from fifth to second in the international rankings at FTSE 100 level, surpassing countries like Norway, which enforces a mandatory quota system on businesses.
Amid all the positive changes in the boardrooms, the report also highlights some areas of improvement. It says that only 1 in 3 leadership roles and around 25% of all executive committee roles are held by women, and there are very few women in the CEO role. Several companies are yet to hit the 33% mark set by the previous review.
