Today is International Women’s Day 2019, a day to celebrate women's achievements, raise awareness against bias and take action for equality.
The International Women's Day 2019 campaign theme #BalanceforBetter focuses on the many ways a gender balanced world is a better world.
Women in finance charter
In February 2018 we signed HM Treasury’s Women in Finance Charter, a commitment to improve gender balance across the financial services sector, at every level.
By signing the charter, we’ve committed to implementing four key industry actions by:
- having one member of our senior executive team who is responsible and accountable for gender diversity and inclusion
- setting internal targets for gender diversity in our senior management
- publishing progress annually against our targets on our gender pay gap reporting page
- ensuring the pay of the senior executive team is linked to delivery against these internal targets on gender diversity.
Increasing the number of female senior leaders
We believe a balanced workforce is good for business, good for customers, for profitability and workplace culture.
Our 2018 gender pay gap report showed an improvement from last year but the results tell us that we must continue working hard to increase the pipeline of talented women.
We’re establishing ourselves as an employer of choice for working parents. We consider a variety of different options for how, when and where our staff work, and offer enhanced maternity pay and shared parental leave alongside other employee benefits.
We acknowledge the current scale of the gender pay gap in financial services is a real issue, but while we can’t change the industry, we can be part of the solution.
“While we are pleased to see some reduction in our gender pay gap, we’re still a long way from where we want to be,” said Katherine Easter, our Chief People Officer. "This year’s results tell us that we must continue working hard to increase the pipeline of talented women in our organisation.”
We’ve made progress on our target to have 40 per cent female senior leaders by 2021 and continue to work hard on a number of initiatives across recruitment, culture and talent development aimed at creating a more balanced workforce.