Progress Report

Change the Race Ratio was founded in 2020 by a group of leading businesses to campaign for increased racial and ethnic diversity, inclusion and representation on boards and leadership teams of UK business.

Key 2024 survey findings found that more than 90% of signatories now have one or more board members from a racial or ethnic minority background; 85% of respondents have now established targets for greater representation at senior management level; 3 out of 4 signatories have been able to collect ethnicity data from more than 70% of their workforce, with 79% publishing their ethnicity pay gap; among respondents, 60% have currently developed a Race Action Plan; there are very similar levels of employee attrition between all colleagues (13%) and ethnic minorities (12%) in the last year.

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