HISTORY & PROGRESS
The Parker Review Committee was commissioned by BEIS in 2015 to consult on the ethnic diversity of UK boards and the first report was released in 2016. The review was chaired by Sir John Parker until March 2022 and Is now chaired by David Tyler.
In our 20I7 report, the Review made a series of recommendations and set a “One by 2021” target for all FTSE 100 Boards to have at least one director from an ethnic minority background by December 2021 and a “One by 2024” target for all FTSE 250 Boards.
Our latest report (2022) showed that 89 FTSE 100 companies and 128 FTSE 250 companies had ethnic minority representation on their company Board as of 31 December 2021, the target date. Another 4 FTSE 100 appointments had been announced by March 2022 and an additional 4 companies were at an advanced stage in the recruitment process. This is a significant increase from 2016 when only 47% of FTSE 100 companies had a director from a minority ethnic group.