• Saturday, August 13, 2022

Business

UK Companies Need to Do More to Promote Diversity in Top Posts: Report

UK Companies Needs to Do More to Promote Diversity in Top Posts (Photo by Dan Mullan/Getty Images).

By: Radhakrishna N S

Most of the biggest businesses in the UK have accepted the government policies on boardroom diversity, however, their reporting to the stakeholders needs to improve further, according to a research conducted by the University of Exeter Business School for Financial Reporting Council (FRC). This means that big companies in Britain have asked to introduce more diversity to the list of top executives as part of the wider efforts to have more women and ethnic minorities into senior positions. “Only 15 per cent of FTSE100 companies fully complied with the UK Corporate Governance Code’s provision on diversity reporting by describing their…

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