FTSE 100 Leads on Diversity and Inclusion – 30% Club

A report from the 30% Club has shown FTSE 100 companies are leading on diversity and inclusion (D&I) ahead of constituents of the Canadian TSX 60 and US-based S&P 500 indexes. The research, carried out by Toronto-based people intelligence platform Diversio, found the FTSE 100’s overall score for inclusion, diversity and commitment was 65.7 out of 100, versus 58.8 and 55.1 respectively. The diversity element of the D&I score is comprised of the gender and racial diversity of the board and executive teams of a company, with the FTSE having just over 40% of women at board level, 25.6% of women at executive level and a racial/ethnic diversity representation of roughly 13% for both board and executive level. Both the S&P 500 and TSX 60 firms did not provide sufficient data on percentage of women or racial/ethnic diversity at board level to get scored, and are behind the FTSE 100 in all other categories, apart from racial/ethnic diversity at executive level. The report also found FTSE 100 to be above the global average on the inclusion categories of inclusive culture, fair management, career development workplace flexibility, workplace safety, workplace safety and recruiting and hiring. Global Chair Ann Cairns said: “It’s critical to track not just diversity but also inclusion. All companies should have fundamental D&I programmes and policies in place and need to listen to employees to identify pain points and create a smooth funnel to leadership.” 

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