Craig Tracey
Main Page: Craig Tracey (Conservative - North Warwickshire)Department Debates - View all Craig Tracey's debates with the Attorney General
(8 years, 3 months ago)
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Karen Bradley
I thank the hon. and learned Gentleman for his questions. I must admit, I am used to seeing him on the Front Bench, but it is nice to see him anyway. As part of refreshing our violence against women and girls strategy, I have taken part in a number of round tables with service providers, commissioners and others to make sure that we understand the issues facing them and to look at that long-term solution, because he is absolutely right: service providers need to know that their funding is on a sustainable footing, so that they can continue to deliver services and focus on victims, as we all want them to do.
Craig Tracey (North Warwickshire) (Con)
13. What steps the Government are taking to improve the gender balance of the boards of FTSE companies.
The Parliamentary Under-Secretary of State for Women and Equalities and Family Justice (Caroline Dinenage)
We appointed Lord Davies in 2010 and have fully supported his work ever since, which has achieved an unprecedented increase in the number of women on boards. We welcomed his final report and back his new recommendations for a business-led 33% target for FTSE 350 boards. We are also in the process of establishing a new review focusing on the all-important executive layer.
Craig Tracey
What plans do the Government have to ensure that businesses of all sizes understand the financial and productivity benefits of diversity in their senior teams?
Caroline Dinenage
My hon. Friend is absolutely right: companies with more diverse boards benefit from better decision making and better corporate governance; they are more responsive to the market and they can access the wider talent pool. It is a no-brainer: diversity is better for business. We have seen real progress with our business-led Government-supported approach, but we are not complacent by any means. We will continue to engage with businesses of all sizes and in all sectors to push this work forward.