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Corporate Boards (Women)

Volume 522: debated on Thursday 27 January 2011

Lord Davies has been appointed by the Government to look at how obstacles can be removed to allow more women to make it on to corporate boards. We look forward to his recommendations for a business-led strategy, and we will respond in due course. Measures that we are taking, such as flexible working and shared parental leave, will also help to address some of the barriers to progression that women face in the workplace.

A recent Crown Prosecution Service report by Dr Catherine Hakim found that women were more likely to reach the top in business in countries such as the United States, where there are relatively few female-specific employee rights, as opposed to Scandinavian countries, which have lots of parental leave and much more job segregation. Will the Government consider putting much more emphasis on support in the workplace, rather than having a quota system, which many women find demeaning?

I am grateful to my hon. Friend for pointing out that there is varied experience across the world with regard to what works in ensuring that women can get to the top. The Government have no intention of introducing legislation on quotas in this area. We will listen to what Lord Davies says, and I have been party to some of the round-table discussions that he has had. From what I have seen so far, I am sure that he will come forward with some very practical ways in which we can help to unlock the barriers to women reaching their place on corporate boards. It is this Government’s firm determination to do more to ensure that more women are on corporate boards.

Will the Minister for Women and Equalities confirm that this great panjandrum Lord Davies, who is going to get more women on to boards, is a man?