Powerful Women | Energy Voice: Number of women at the top of the UK energy sector rises
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Energy Voice: Number of women at the top of the UK energy sector rises

Energy Voice: Number of women at the top of the UK energy sector rises

POWERful Women and PwC have today published the latest ‘state of the nation’ on the gender balance at the top of the UK energy industry.  The 2020 annual board statistics1 show progress in the number of women occupying board and executive board seats – now 21and 13% respectively.  It represents a noticeable shift from last year towards POWERful Women’s target of 30% for executive board roles by 2030.

However, the statistics also show that faster progress is needed and that the number of all-male boards in the UK energy sector remains disappointing.

This year’s analysis by PwC for POWERful Women looked at the composition of the boards of the top c. 80 companies in the UK energy sector, focussing on the most significant employers.

The results show:

  • 21% of board seats in the sector are occupied by women – a noticeable increase from 16% in 2019 and 13% in 2018;
  • 13% of executive board seats are occupied by women – more than double last year’s 6%;
  • 11 companies (15% of those surveyed) have now reached the POWERful Women target for 2030 of having at least 30% of their executive board seats occupied by women
  • Since the last review in 2019 there are 25 more female board membersand the number of female executive directors has increased by two thirds.

However:

  • More than a third (38%) of the UK’s top energy companies have no women on their boards at all – an improvement on last year’s 42% but this remains unacceptable.
  • More than two-thirds (79%) of the UK’s top energy companies have no women occupying executive board seats. This compares with 89% last year.

 

Read the rest of this story via Energy Voice by clicking here.

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thibagar@energyinst.org