"HM Treasury’s Women in Finance Charter continues to play a leading role in improving the gender balance across the UK’s financial services sector"
Over 800,000 employees in the UK are now covered by the Charter.
New signatories include Also Communications, Aegon UK, Castle Trust, The Finance and Leasing Association, Hope Capital, Glenhawk, Skipton Building Society, Uinsure and Vitality.
The second Women in Finance Charter Annual Review shows that female representation in senior management at firms who have signed up to the charter is rising, with 86% of signatories having either increased or maintained the proportion of women in the top jobs.
The Review also shows that the Charter is holding firms to their promise, with 87% of signatories on track or already having met their targets.
John Glen, Economic Secretary to the Treasury, said: "Gender equality is not just a moral imperative, it’s also better for employees and better for business. Which is why it’s vital that we see conversations on gender diversity taking place across the financial sector.
“Without the committed women and men championing the gender agenda at every level in their firms, we would not have seen the fantastic progress that we have today. But, we will only see long-lasting change with consistent action, so we’ll continue to monitor the progress of the sector closely to ensure it keeps up the momentum. If progress slows, we can and will take further action."
Jayne Anne-Gadhia, the government’s Women in Finance Champion, commented: "HM Treasury’s Women in Finance Charter continues to play a leading role in improving the gender balance across the UK’s financial services sector
"We know that there is more to be done and I am pleased to see the progress made by Charter signatories so far, and that a further 36 financial services firms have made a public commitment to develop a more diverse and inclusive workforce by signing the Charter."
