FTSE Companies: Gender Balance Debate

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Department: Home Office

FTSE Companies: Gender Balance

Lord Clark of Windermere Excerpts
Wednesday 8th March 2017

(7 years, 8 months ago)

Lords Chamber
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Baroness Williams of Trafford Portrait Baroness Williams of Trafford
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I totally agree with my noble friend. As you discover when you read the story and hear about her life, she indeed sacrificed her life in the name of science, and what dividends it has paid society ever since.

Lord Clark of Windermere Portrait Lord Clark of Windermere (Lab)
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My Lords, although I look forward to the day when there are women on every FTSE board, there are those of us who believe that other boards, executive boards, often have much more power than company boards, where the number of women is at present even lower. I hope the Minister will agree that it is so important that we encourage women to break through the glass ceiling and get on to those executive boards in industry.

Baroness Williams of Trafford Portrait Baroness Williams of Trafford
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The noble Lord is absolutely right. If we look around this House, there are many examples of such women on executive boards. It is not just the non-exec boards, and it is not just who is on the board now; it is about looking at the pipeline of who is coming through, because it is from the pipeline that you will get your executive and non-executive members of the future.