Policy paper

Women in Finance Charter

The 'Women in Finance Charter' asks financial services firms to commit to implement 4 key industry actions.

Documents

Women in Finance Charter

Women in Finance Charter guidance

HM Treasury’s Women in Finance Charter commitment

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New Financial analysis of signatory data (July 2017)

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Details

In July 2018, HM Treasury announced that a further 68 firms have signed the Women in Finance Charter, taking the total number to 273 firms across the financial services sector and covering over 760,000 UK financial services employees.

The first Annual Review into the Women in Finance Charter was also published in March 2018. This Review found that more than three-quarters (78%) of the first group of signatories either increased or maintained the proportion of women in senior management in the reporting period.

Signatory firms have committed to implement four key industry actions, as recommended in Jayne-Anne Gadhia’s review into the representation of women in senior management in financial services, published in March 2016. The review found that in 2015, women made up only 14% of Executive Committees in the Financial Services sector.

Since the Charter launched, over 85% of the signatories that have set their Charter targets have committed to have at least 30% women in senior roles by 2021. Over 25% of the firms that have set their Charter targets have committed to a 50/50 gender split in senior roles by 2021.

HM Treasury welcomes interest in the Charter from all firms of any type and size, and firms can still sign the Women in Finance Charter to join our next cohort of signatories. See our guidance or send us an email (womeninfinance@hmtreasury.gsi.gov.uk) for more information on the charter.

To sign the Charter and formally commit to implement these recommendations, please visit www.womeninfinance.org.uk and complete the online form.

Sign-up to the charter.

Published 22 March 2016
Last updated 11 July 2018 + show all updates
  1. Updated with 'Women in Finance Charter List of Signatories July 2018'.
  2. Updated Women in Finance Charter list of signatories (March 2018)
  3. Updated wording in details section.
  4. Updated links in the 'Women in Finance Charter (March 2018)' document.
  5. Updated New Financial: Women in Finance Annual Review (March 2018) document to correct formatting issue.
  6. Updated with latest signatories and Women in Finance Charter Annual Review.
  7. Updated list of signatories and links to gender diversity targets.
  8. Updated with HM Treasury’s Women in Finance Charter commitment
  9. Updated charter guidance
  10. Updated with latest signatories.
  11. Updated with Women in Finance Charter list of signatories (October 2017)
  12. Correction to July 2017 list of signatories.
  13. Updated with latest list of 141 signatories as announced on 9 July 2017.
  14. Updated to reflect that 122 firms across the financial services sector have now signed the Women in Finance Charter.
  15. Diversity targets of latest Charter signatories added.
  16. Updated with 'New Financial analysis of Charter signatory data'
  17. Updated with latest list of 93 charter signatories
  18. Updated PDF with links to signatories gender diversity targets
  19. Updated PDF - signatory firms and their gender targets
  20. List of signatories and links to their gender diversity targets uploaded.
  21. Women in Finance Charter guidance added.
  22. Updated quotes
  23. Updated with list of 72 Charter signatories
  24. Link to https://www.womeninfinance.org.uk added
  25. Link added to 'sign-up' to the charter.
  26. First published.