FTSE 100 firms including Tui, British Airways owner IAG and the London Stock Exchange Group have been accused of dragging their feet on diversity targets ahead of a looming 2021 deadline.
Only 53 of Britain’s largest listed firms on the London Stock Exchange have at least one director from an ethnic minority, according to figures compiled for the second annual update on the Parker review. That is a small increase from the 49 companies that had met the target since the review was launched in 2017.
So, perhaps someone would like to do the numbers here.
The average large company board is 10 people or so.
The not white portion of the population is about 14%. Lower for the working population, lower again for that in the median age for directors, around 60.
From this we should be able to work out a statistical distribution. Mebbe?
How many diverse directors would we expect there to be given this? What’s the over and under if it is just a pure statistical distribution? So, if allocation were purely random from the population, we’d expect x% of firms to have more than 1 diverse, y% to have none etc.
Lordy, it’s a long time since A Level stats class.
In the end the question is, well, how much is this demand insisting upon greater than stats based representation?