Top British companies are continuing to lead the way for gender equality in boardrooms with women occupying nearly 43% of roles on company boards, according to a new report published today.
The FTSE Women Leaders Review report for 2025, backed by the government, shows that women now occupy 1,275 or 43% of roles on company boards and 6,743 (35%) of leadership roles at the 350 FTSE companies.
This marks a year-on-year increase and means the target of 40% women’s representation by the end of this year continues to be achieved by FTSE350 businesses.
At a London event this evening business leaders, ministers and the leaders of the Review will come together to reflect upon and celebrate this progress.
However the government said there is still more to do to bring more women into roles such as company chairs and CEOs and to increase the number of women on boards and in leadership who hold executive roles.
“The UK is leading the charge for gender equality in boardrooms, but we cannot rest on our laurels,” said Chancellor Rachel Reeves.
“We must break down the barriers that stop many women being represented in decision-making roles, so that top talent reaches the highest levels of leadership in businesses driving economic growth across Britain.”
Minister for Investment Baroness Gustafsson OBE (pictured) added: “I know from founding my own business how strong female voices inspire positive change throughout an organisation, bringing new ideas and adding greater value.
“Today’s report shows that whilst the momentum is with us, we have so much further to go. Working with business leaders and investors, we will do everything we can to unlock more opportunities for women at the highest levels as we go for growth and deliver our Plan for Change.”
The UK is second only to France in the G7, with 43.4% representation compared to 45.4%.
Whilst France and many other countries employ the use of quotas, the action taken by British companies has been entirely voluntary.
Vivienne Artz, CEO of the FTSE Women Leaders Review, said: “In an increasingly disruptive world in which companies are faced with a combination of economic, geo-political and technological change British businesses are setting an international standard for balanced and inclusive leadership.
“With its unique government-backed and business-led voluntary approach, the UK has spearheaded a world-leading transformation in the highest ranks of industry.
“Whilst FTSE 350 company boards are now gender-balanced, sustained effort and determination is required to achieve the 40% target for women in leadership by the end of this year.
“We look forward to working with businesses to deliver on this ambition.”