KPMG are proud co-sponsors, alongside Lloyds Banking Group, of the FTSE Women Leaders Review - an independent, business-led framework supported by the Government which sets recommendations for Britain’s largest companies to improve the representation of Women on Boards and in leadership positions.
The FTSE Women Leaders Review is building on a strong legacy thanks to the ground-breaking collaborative work of the Hampton-Alexander and Davies Reviews that came before. The Review adopts a unique entirely voluntary approach, working with business on a significant scale to achieve gender balance.
You can find out more about the Review by visiting their website.
The aim of the review:
Since the start of the Review in 2011 there has been a sea-change in the gender balance of British boards from 12% women board members in the FTSE 100 in 2011 to 40% today. Last year it was announced that FTSE 350 companies had achieved the 40% women on Boards target three years ahead of the deadline.
The focus is now on reaching the 40% women in leadership target, ensuring more women are appointed into the ‘big four’ roles and cementing the culture change that will deliver gender parity in the very top rungs of British business and on reaching the 40% women in leadership target.
How the review works:
The Review gathers data from FTSE 350 companies and, more recently, Top 50 private companies on over 24,000 roles on boards and in leadership roles (defined as the Executive Committee and their direct reports). It adopts a voluntary approach, encouraging progress, the sharing of best practise and publishes progress against Women on Boards and Women in Leadership on an annual basis.
Each year progress is published in an annual report accompanied by a launch event. You can view historic reports here.
On 27 February 2024, we will be hosting the 2023 report launch event, if you’d like to join us virtually, you can register here.