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ARTICLE · 29 MARCH 2022

Ethnic Diversity On Boards

Herbert Smith Freehills Kramer LLP
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The Parker Review has published its 2022 Update Report on the progress made against the targets for ethnic diversity on UK boards.

United KingdomCorporate/Commercial Law
Gavin Davies
Gavin Davies
Barnaby Hinnigan
Barnaby Hinnigan
Isobel Hoyle
Isobel Hoyle

The Parker Review has published its 2022 Update Report on the progress made against the targets for ethnic diversity on UK boards. The 2022 Update marks the deadline for FTSE 100 companies to meet the target set by the Parker Review of having at least one director from an ethnic minority group by the end of 2021.

The Government commissioned the Parker Review in 2015, with a view to increasing the ethnic and cultural diversity on UK company boards. Alongside the target set for FTSE 100 companies, the Review recommended that each FTSE 250 board should meet the same target by 2024 and that companies should develop internal mechanisms to promote diversity (see our corporate update 2017/21).

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