Exclusive: FTSE100 companies grossly overestimate their performance on diversity, equity and inclusion May 17, 2022 Nearly two years on from the BLM protests, companies of all sizes are failing to enact the cultural and operational changes that they promised at the time. An audit of the FTSE100 by agility firm Agility in Mind found that despite almost all (99 per cent) having an inclusive mission statement, less than half (48 [...]
City exclusive: Women occupy less than one in six senior positions at London hedge funds May 9, 2022 The financial industry has long been dominated by men, whether in banking, insurance, or hedge fund management. Even today, it has emerged that women occupy just 15 per cent of senior positions in the City’s hedge funds. A new study that was exclusively shared with City A.M. found that, within hedge funds, only one in [...]
Boardroom Diversity supported by eToro May 3, 2022 | City Talk eToro, the social investing network, has launched a new FemaleLeadership Smart Portfolio which features US publicly quoted companies with diversity at boardroom level, especially featuring women in positions of board members. eToro’s Deputy CEO and Global Chief Operating Officer (COO), Dr. Hedva Ber, says: “Female leadership and boardroom diversity have proven advantages, not just for [...]
How firms are using data-driven diversity March 16, 2022 | City Talk This article first appeared in ICAS’ CA magazine. It may feel like the diversity and inclusion agenda has gathered momentum in recent years. But while there has been a lot of talk, the data suggests that the pace of change at the top of British business has actually been slow. A July 2021 report by the [...]
Bruce Cartwright CA on the strategic importance of EDI March 16, 2022 | City Talk This article first appeared in ICAS’ CA magazine. ICAS CEO Bruce Cartwright CA shares how his own experiences have informed his conviction that equality, diversity and inclusion are matters of strategic importance. Anne-Marie Imafidon, CEO of Stemettes, wrote in CA magazine recently: “We can’t just assume that people will become accountants for the same reasons that [...]
Government injects £23m to boost UK skills and diversity in AI jobs February 10, 2022 The government has pumped £23m into Artificial Intelligence (AI) and data conversion courses for young and underrepresented groups, as the UK aims to be the industry leader. There will be up to two thousand scholarships for masters AI conversion courses, and the aim is to create a new generation of experts in data science and [...]
UK lags behind Europe on gender boardroom balance February 1, 2022 UK boardroom diversity falls behind Europe with less than a third of seats held by women
RAF serviceman who was tortured and discharged after air force discovered he was gay demands justice and full pension January 11, 2022 Simon Hinchley-Robson faced four days of being searched and assaulted by members of the RAF special investigation branch at a base in west Wales in the 1980s after it was discovered he was gay. The former serviceman now wants the Government to admit that the interrogations were wrong, and to be given his full armed [...]
Tech billionaire and former Mormon spurns church by giving $600k to LGBTQ group December 23, 2021 A US-based technology billionaire has quit the The Church of Jesus Christ of Latter-day Saints and donated $600,000 to an LGBTQ-rights group in a public repudiation of the Mormon faith, according to reports. Jeff T Green’s donation to Equality Utah is the start of his pledge to donate 90 per cent of his personal wealth, [...]
Almost half of FTSE 350 firms have BAME directors as pressure for diversity accelerates December 20, 2021 Nearly half of FTSE 350 companies now have a director of colour on their board, driven by increasing pressure on companies to improve diversity at leadership level. Of FTSE 350 companies, 45 per cent – meaning 123 companies – were recorded as having a director from a black, Asian or minority ethnic background in 2021, [...]