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FTSE 100 falls short of government’s gender diversity target with Antofagasta, Flutter Entertainment


Antofagasta plc (LON:ANTO) and Flutter Entertainment PLC (LON:FLTR) are at the bottom of the FTSE 100 list when it comes to gender diversity on the board.

According to a report from jobs firm Debut, the miner and the Betfair owner have only 20% and 21% of women as top executives, respectively.

READ: There’s a correlation between female leadership and ESG transparency, study finds

Software provider Aveva Group PLC (LON:AVV), steel producer Evraz PLC (LON:EVR) and commodities firm Glencore PLC (LON:GLEN) did slightly better with 22%.

Drinks manufacturer Diageo PLC (LON:DGE) dominated its peers with 63% female representation, followed by retailer Auto Trader Group PLC (LON:AUTO), estate agent Rightmove PLC (LON:RMV), utility firm Severn Trent PLC (LON:SVT) and housebuilder Taylor Wimpey PLC (LON:TW.) with 56%.

Across the whole index, women are taking 36% of current board roles, with just five currently employing more female directors than male.

However, just nine out of 100 companies have achieved and almost a third of companies are yet to meet the 33% target set by the government.

Back in 2015, Westminster set up the goal of all FTSE 350 boards having 33% female representation by 2020, which would bring to 350 more women in top positions.

The recommendation came after FTSE 100 reached a milestone of 25% of board positions being filled by women set four years prior.

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