Wates said it wants its workforce to be more reflective of society and comprise 60% men, 40% women, 20% BAME, 3% with a disability and 5% LGBTQ+.

The targets apply across all levels of the business which will mean major changes in the board room and management team.

Wates will carry out a number of activities under its Diversity and Inclusion Plan including launching an inclusive leadership programme, developing a mixed mentoring programme and reviewing its recruitment policies and processes.

The plan also commits the company to overhauling its parental leave and flexible working policies and improving the gender pay gap.

The release of the plan coincides with the announcement of the appointment of Nikunj Upadhyay as Group Head of Diversity and Inclusion.

Upadhyay will join Wates on 30 September from Barclays, where she is Vice President, D&I.

Wates Chief Executive, David Allen, said: “The entire built environment sector needs to change to become more representative of the society we serve.

“At Wates we want a role in leading that change.  Our plan summarises our approach, our goals and our commitment to be a business where everyone is welcomed, included and connected.

“We’re delighted to welcome Nikunj Upadhyay to our Leadership team to lead this important work.”

Upadhyay said: “For me, an inclusive workplace is where we feel our individuality is cherished and we can be confident to bring our whole self to work.

“I am looking forward to joining Wates and to working with everyone to deliver the ambition of #WatesTogether, where each one of us not only feels included but is also thriving.”