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.
OBJECTIVE
The purpose of The Parker Tyler Review has been:
1
To increase the number of directors from minority ethnic groups on the Boards of UK listed companies
2
To develop minority ethnic candidates for the pipeline - Executives and Non-executive
3
To enhance transparency and disclosure of reporting with regards to ethnic diversity
Our Services
Data
89
Companies met the target ‘One by 2021’ by December 2021
49%
Of directors from a minority ethnic group on FTSE 100 boards are women
5
Additional companies have appointed directors from a minority ethnic group since December 2021
128
Companies appointed a director from a minority ethnic group by December 2021
44%
Of directors from a minority ethnic group on FTSE 250 Boards are women
Questions that companies should consider for improving board level minority ethnic group representation in a sustainable and supportive way for all
A guide for pairing short term targets with broader initiatives that focus on creating the inclusive culture and flexible talent pathways
Interventions that will be required to create an inclusive culture, whilst also considering the organisational architectures that will enable diverse talent to succeed