Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Retail leads the way in gender diversity

Retail companies in the FTSE 100 are ahead of the game when it comes to gender diversity, a new analysis has revealed.

Research from Green Park indicates that the average gender diversity score within retail is 19.9%, while the FTSE 100 average stands at 17.7%.

The sector is also ahead regarding female board representation as it averages at 28.5%, compared with 24.3% on FTSE 100 boards as a whole.

Ethnic and cultural diversity in the industry, on the other hand, is steadily improving as the proportion of retail sector board members with a non-white ethnic background has gone up from 3.4% to 4.8% since 2014.

However, this is still far from being representative of the UK population, which is 87% white and 13% non-white.

Steve Baggi, co-founder and head of retail and consumer at Green Park, said: “The retail sector has made great progress in delivering gender diversity at board level and in building a pipeline of future female leaders.

“However, urgent action needs to be taken to ensure the ethnocultural diversity of retailers’ customer base is reflected in the composition of their boards and management pipelines.

“The retail sector is facing a period of unprecedented change with major disruption being led by new market entrants and the application of new technologies.

“As retailers adapt to these opportunities and challenges they can seek to reshape their management structures to ensure they are truly representative of their diverse customer base and draw on available expertise from the widest possible talent pool.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.