• Register
Return to: Home > News > Standards > PwC UK joins 30% club

PwC UK joins 30% club

PwC UK has committed to improving the level of female representation at board and senior level positions.

The commitment came as the firm's chairman Ian Powell joined the 30% Club, a group of organisations voluntarily committed to meeting the goal of having 30% female representation on UK boards.

The club aims to inspire leaders to appoint more women to both executive and non-executive director roles, as well as improving the pipeline below board level and supporting successful women in business.

The lack of women in leadership roles remains a widespread problem, especially at top-tier management levels. A recent survey conducted by International Accounting Bulletin (see Getting the balance right) notes that of the top 10 global accounting networks, only one has a female CEO.

Women also only hold 20% of senior management positions in privately held business despite outnumbering men in some accounting firms.

Gender diversity ‘critical to firm’s success’

PwC currently has 18% female representation on its boards, while FTSE 100 companies on average only have 14% female representation.

Powell acknowledges the “competitive edge” diversity brings, as well as the “positive influences” on the firm’s culture and decision making processes that comes with having a better gender balance.

“With an almost even number of women and men entering our training schemes, it is important that this balance continues to be reflected at all management levels. Signing up to the 30% Club is not about ticking a box – it is critical to the firm’s success,” he said.

PwC UK joins Lloyds, Centrica, Anglo American, Barclays and John Lewis who are already members of the 30% Club.

Related articles

Getting the balance right

Top Content

    MSI joins AGN and DFK in Global Connect

    A year after AGN International and DFK International launched Global Connect, multi-disciplinary association MSI has joined the group.

    read more

    Views from the Eurozone

    With Brexit looming, populist governments gaining footholds in a number of countries and movements such as the Yellow Jacket protests in France, 2018 was anything but a quite year for the eurozone. Here leaders report to the IAB on their markets.

    read more

    Eastern promise and how to find it

    With China rising as a global power, Jonathan Minter spoke with ShineWing’s Zhang Ke and Marco Carlei at the World Congress of Accountants 2018 in Sydney, to discuss the cultural challenges that occur when Chinese networks look beyond their border, and the dividends available for those who overcome them.

    read more

    The UK: uncertain waves rule Britannia

    The UK’s accountancy profession is currently in a period of much uncertainty. The Competition and Markets Authority (CMA) has released its review into the listed audit market which could cause the biggest shake-up the profession has seen in years, the Kingman Review has described the Financial Reporting Council (FRC) as not being fit for purpose and called for it to be replaced. All the while the country remains in a deadlock on Brexit negotiations.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.