For the third year in a row, Diageo has been named as the top company for female representation at Board level within the FTSE Women Leaders Review, with 63.6%.
Beyond the Board, Diageo has 42.3% female representation across leadership, placing it in 17th position in the overall rankings and 1st within its sector. Both achievements surpass the targets set by the FTSE Women Leaders.
Recommendations for executive gender equality
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The FTSE Women Leaders Review is the third iteration, previously the Hampton Alexander and Davies Review, of the independent, UK-government backed report that sets recommendations to FTSE 350 companies on how they can improve gender equality across Boards and Leadership positions.
“I would like to take this opportunity to congratulate Denise Wilson and the FTSE Women Leaders team, as well as our peers, on meeting the 40% target for Women on Boards ahead of time. This is a fantastic achievement for everyone involved, however we cannot be complacent, and Diageo will continue to shape leading policies and practices to improve representation at every level," says Diageo Chief HR Officer, Louise Prashad [pictured above].
Championing inclusion and diversity
Diageo is committed to championing inclusion and diversity across the business, and accelerating female representation in leadership roles is key to this.
Diageo has set bold ambitions of having 50% representation of women in leadership roles and 45% from ethnically diverse backgrounds by 2030, as part of its Spirit of Progress 10-year action plan.
Attracting women into entry-level roles
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As well as continuing to increase female representation across senior positions, Diageo's early careers programmes, including apprenticeships and scholarships, are also attracting more women into entry-level roles and helping to create a robust pipeline of talented women as future leaders.
In the UK, Diageo is also supporting The Creative Comeback programme for the fourth year in a row, which supports women back into the creative industries following a career break of a year or more for a range of circumstances.
Inclusive guidelines and initiatives
Diageo has many guidelines and initiatives to assist its ambition of creating the most supportive and inclusive environment, for example:
Inclusion in the FTSE Women Leaders also follows Diageo's recognition in Bloomberg’s Gender-Equality Index for the sixth consecutive year.
Diageo is a gender-equal employer
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Disclosure: Where Women Work researches and publishes insightful evidence about how its paid member organizations support women's equality.