Leading the way: an initial review of the HM Treasury Women in Finance Charter

Gender balance in UK financial services has leapt up the agenda since the government asked Jayne-Anne Gadhia, chief executive of Virgin Money, to lead a review of women in senior management, and launched the HM Treasury Women in Finance Charter in March 2016. The first 71 firms to sign the Charter made their submissions both publicly via company websites and confidentially to HM Treasury by September 30, 2016.

New Financial worked with HM Treasury to analyse all 71 submissions across the Charter principles. This breakfast will discuss the main findings of our latest report ‘leading the way: HM Treasury Women in Finance Charter’ that analyses the current levels of women in senior management today, the targets signatories are aiming for, and how they are using the Charter principles to achieve those targets. The data analysis includes:

– Overall averages for female representation today and targets over the next five years, broken down by company sector and size

– Detailed analysis of the nature and time frame of targets

– The gender and role of the executive named accountable for diversity

– How the target is linked to executive pay

– What signatories choose to disclose beyond the requirements of the Charter