ITV, KPMG and Diageo are among 20 top firms in race pledge

Oct 26, 2020

ITV, KPMG and Diageo are among 20 top firms pledging to have at least one ethnic-minority director on their boards by 2024

By Daily Mail City & Finance Reporter

Published: 20:02 EDT, 25 October 2020 | Updated: 20:02 EDT, 25 October 2020

ITV, KPMG and Diageo are among 20 top firms pledging to have at least one ethnic-minority director on their boards by 2024. 

The group, which also includes PwC, Axa and Pearson, will publish a plan to increase diversity at the highest levels and disclose the ethnicity pay gap within two years as part of the Confederation of British Industry’s Change the Race Ratio campaign. 

Change: ITV is part of a group that will publish a plan to increase diversity at the highest levels

A report in February found 37 FTSE 100 firms had no black or ethnic-minority directors. 

This month, Legal & General, one of Britain’s biggest institutional investors, told FTSE100 firms with all-white boards it will vote against them unless they hire an ethnic-minority director within 15 months.

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