
New report shows gender balance is in sight
Published in February 2025, our latest report shares insight and progress in delivering gender balance across FTSE 350 and 50 of the largest private companies.
Who we are
The FTSE Women Leaders Review is the independent, business-led framework supported by Government which sets recommendations to improve the representation of women on the Boards and Leadership teams of the FTSE 350 and 50 of the UK’s largest private companies.
Building on a strong legacy thanks to the ground-breaking collaborative work of the Hampton-Alexander and Davies Reviews that came before, the Review adopts a unique entirely voluntary approach, working with business on a significant scale to achieve gender balance.
Progress so far
Our latest report demonstrates the progress we can make through working together towards a clear goal:
Women’s representation on Boards
Women’s representation in Leadership
What’s next?
With one year to go and over 60% of the FTSE 350 achieving or close to meeting the target of 40% women’s representation by the end of 2025 – companies are urged to accelerate their efforts to close the gap at the Leadership level
Discover our story
When the Review started in 2011, 9.5% of FTSE 350 board members were women. Since then British business has been on a journey to increase women’s representation on Boards and Leadership teams across the FTSE 350 and 50 of the UK’s largest private companies.
How to bring about change
This helpful guide will provide you with tried and tested policies and ways of working that can support in creating a more equitable workplace for women.
Company rankings
View companies in scope of the Review and their ranking following our latest report.
Our reports
Our Reports from 2011 to present can be found in our Latest Reports section.
The path ahead

Nimesh Patel
Co-Chair
“The Review’s success in reaching a significant milestone with Women on Boards reminds us of the difference we can make with clarity of purpose, taking accountability to drive change and remaining committed to the steps we must take every day. We have seen progress in 2023 across all dimensions, and we must now maintain focus and keep taking those steps forward.”
Penny James
Co-Chair
“I am honoured to be part of the FTSE Women Leaders Review. It stands for inclusion, striving for gender parity at the top of British Business and equality of opportunity for women. All women. We continue to make progress towards that goal, and in a world of many competing pressures we must maintain our focus.”


Vivienne Artz
Chief Executive
“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.”