House of Lords "Addressing the UK gender Gap" Ethical Collection London was very fortunate to attend a debate lead by Lord Empey of Shandon, talking about women in business . The speakers included. Helena Morrissey CEO and Chair at Newton Investment Management. Founder of 30% Club. - with the goal to achieve 30% of women on FTSE 100 board by...
House of Lords
"Addressing the UK gender Gap"
Ethical Collection London was very fortunate to attend a debate lead by Lord Empey of Shandon, talking about women in business . The speakers included.
CEO and Chair at Newton Investment Management. Founder of 30% Club. - with the goal to achieve 30% of women on FTSE 100 board by the end of 2015. CURRENT FIGURE 26.1%.
Carol Fishman Cohen
CEO and co-founder of iRelaunch. A return to work initiative.
Specialist in Wealth Management and Mergers and Acquisitions. Over the past 20 years she has distinguished herself in key executive roles with Barclays, Lloyds, Morgan Stanley, UBS and Goldman Sachs. Business mentor to CEO's in Charity Sectors and Start-ups in Silicon Roundabout.
Giovanna with Yva
Gender Diversity - A Moral Necessity
‘You can’t have true opportunity without equality" David Cameron
1918 -Representation of the People Act were given the right to vote though only women of the age above 30 with a property qualification, this only represented 40% of UK population
1928 - It was not until the Equal Franchise Act of 1928 that women over 21 were able to vote and women finally achieved the same voting rights as men. This act increased the number of women eligible to vote to 15 million.
1971 - Voting age dropped to 18.
In the UK 90% of sectors in the UK women are paid less.
" Diversity should not be relevant in the 21st century "
According to Nicky Morgan Education Secretary and Minister for women and equalities. It is now an "economic imperative" to have more women in top leading roles of businesses and that ‘boards perform better when they include the best people who come from a range of perspectives and backgrounds’.
According to Yva there are two main aims to achieve women equality
1. Legislation is not the solution
2. People change People,
" More companies in UK should offer returner to work programmes for Women."
9 companies in the UK currently offer this scheme. It was started by Goldman Sachs in the US where business leaders acknowledged how people who have taken time off work for children, personal and other reasons. want to come back to work.
A new approach to Diversity Goals
Helena Morrisy start the 30% club a scheme with its core aim to increase women on FTSE 100 to 30% by 2015.
Already the FTSE has seen a rise of women up 26.1%, and there are no more all men FTSE companies.
Hundreds of thousands of women working in fashion in the UK are being paid less than their male colleagues, passed over for top jobs and prevented from taking what are considered "male" roles.
While women account for 52 per cent of the workforce in the fashion and textiles sector, they occupy just 37 per cent of the top jobs, and are paid 15 per cent less than their male colleagues.
Love from Giovanna and Sophie xxx