Friend of Tortoise Exclusive

Why can’t the FTSE fix its race representation problem?

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For the first time since 2014, there are now no Black executives in the top three positions of FTSE100 companies. The findings, published in February by executive recruitment and diversity consultancy agency Green Park, make for grim reading. It comes after a year during which institutional and individual racism in both public and private organisations came under intense scrutiny, following the death of George Floyd and the Black Lives Matter protests of last May. Much has been said about the need for businesses to be “authentic” in their efforts to combat race bias in their working culture. So what does this new data tell us – if anything – about the intention, or perhaps the ability, of the UK’s biggest businesses to create a fairer and more inclusive environment?

guest editor and invited experts

Trevor Phillips
Chair of Green Park Interim and Executive Recruitment and Chair of Index On Censorship

Paul Sesay
CEO of Precedent Group, Founder and Chief Executive Officer of the Inclusive Top 50 UK Employers National Diversity Awards

Dr Kamel Hothi OBE
Former Head of Responsible Business, Asian Markets & Special Projects at Lloyds Banking Group

Clare Payn
Senior Global ESG & Diversity Manager, Legal & General Investment Management

Lord Karan Bilimoria
President, CBI