Policy paper

Women in Finance Charter

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

Documents

Details

In summer 2015, the Government asked Jayne-Anne Gadhia, former CEO of Virgin Money, to lead a review into the representation of women in senior managerial roles in financial services, focussing on the talent pipeline at the executive population below board level. Empowering Productivity: Harnessing the talents of women in financial services was published in March 2016. The review found that in 2015, women made up only 14% of Executive Committees in the Financial Services sector. In response to the recommendations in that review, HM Treasury launched the Women in Finance Charter.

They are now over 330 firms of all shapes and sizes across financial services signed up to the commitments of the Charter – from global banks to credit unions, the largest insurance companies to the smallest fintech start-ups – with headquarters in the UK, USA, Europe and Asia.

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.gov.uk for more information on the Charter. To sign the Charter and formally commit to implement these recommendations, please visit the website and complete the online form.

For New Financial analysis on the progress made by current signatories, click here.

Published 22 March 2016
Last updated 12 February 2020 + show all updates
  1. Updated the 'HM Treasury's Women in Finance commitment' document

  2. Updated Women in Finance Charter list of signatories Updated Women in Finance Charter guidance

  3. Updated with 'Women in Finance Charter list of signatories (March 2019)'.

  4. Updated list of signatories attached.

  5. Updated with list of signatories for November 2018.

  6. Updated Charter guidance attached.

  7. Updated with a new google form for applications, and New Financial reports moved to a separate page, entitled 'New Financial analysis: Women in Finance'.

  8. Updated and revised version of 'Women in Finance Charter guidance'.

  9. Updated with "Women in Finance Charter list of signatories (August 2018)".

  10. Updated with 'Women in Finance Charter List of Signatories July 2018'.

  11. Updated Women in Finance Charter list of signatories (March 2018)

  12. Updated wording in details section.

  13. Updated links in the 'Women in Finance Charter (March 2018)' document.

  14. Updated New Financial: Women in Finance Annual Review (March 2018) document to correct formatting issue.

  15. Updated with latest signatories and Women in Finance Charter Annual Review.

  16. Updated list of signatories and links to gender diversity targets.

  17. Updated with HM Treasury’s Women in Finance Charter commitment

  18. Updated charter guidance

  19. Updated with latest signatories.

  20. Updated with Women in Finance Charter list of signatories (October 2017)

  21. Correction to July 2017 list of signatories.

  22. Updated with latest list of 141 signatories as announced on 9 July 2017.

  23. Updated to reflect that 122 firms across the financial services sector have now signed the Women in Finance Charter.

  24. Diversity targets of latest Charter signatories added.

  25. Updated with 'New Financial analysis of Charter signatory data'

  26. Updated with latest list of 93 charter signatories

  27. Updated PDF with links to signatories gender diversity targets

  28. Updated PDF - signatory firms and their gender targets

  29. List of signatories and links to their gender diversity targets uploaded.

  30. Women in Finance Charter guidance added.

  31. Updated quotes

  32. Updated with list of 72 Charter signatories

  33. Link to https://www.womeninfinance.org.uk added

  34. Link added to 'sign-up' to the charter.

  35. First published.