More top UK firms led by ethnic minority bosses than a year ago, review finds

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. With the time remaining, we urge those FTSE 250 companies without an ethnic minority director to do what they reasonably can to reach the target David Tyler, chair of the Parker Review Committee Of the top 100 firms, 96 had ethnic minority representation on their company boards at the end of 2023, while 175 of FTSE 250 companies did. While this year’s Parker Review shows that progress is being made to increase the representation of ethnic minority talent, there’s still more to do Hywel Ball, EY's UK chair Ethic diversity benefits business and society in different ways, such as by enabling positive change, achieving better business outcomes, and reflecting companies’ clients and customers, the review said. “The FTSE 250’s progress towards its December 2024 deadline, for at least one ethnic minority director on each board, is encouraging, reaching 79% of those reporting. “With the time remaining, we urge those FTSE 250 companies without an ethnic minority director to do what they reasonably can to reach the target.” Accounting giant EY, which sponsors The Parker Review, said it is important that business leaders continue to be held accountable over diversity “regardless of the macroeconomic climate”.