More than 800 brokers nominate a charity for share of £1million fund
150 charities across the UK and Ireland are celebrating today after receiving donations of £1,000 each as part of Benefact Group’s Movement for Good Awards.
Ecclesiastical is pleased to be one of the founding signatories of the Women in Finance Charter.
The Charter is a financial services initiative to build a more balanced and fair industry, promoting gender balance at all levels across financial services firms. It involves a range of commitments which will be reported on the HM Treasury website.
Our commitment to the Women in Finance Charter is underpinned by our targets.
We set targets to focus on our commitment to support women to take up more of our senior management roles globally.
We believe supporting women to develop throughout their careers is key and we continue to work towards enabling women to make up a minimum 30% of our combined senior management group. We continue to challenge ourselves to achieve and increase on this target.
We set ourselves a deliberately strong target in order to accelerate progress on gender diversity. We can confirm that female representation on the board is currently at 27% and female representation of total senior management has increased to 31%. This is a good achievement for us and something that we will continue to focus on.
Since last year, we have again seen an increase in the proportion of female employees across the group. Overall as the company has grown, there has been an increase in the number of senior leaders of which there has been an increase in the number of senior female leaders. Other than the positive steps we are already making as detailed below, we continue to present these findings across the business so that awareness is increased.
This is a journey and whilst representing good progress so far, we’re keen to build on the firm foundations we’ve achieved so far by supporting a more diverse population into senior management roles in the future.
Diversity and inclusion are important to us at Ecclesiastical. We recognise that everyone is different, and value our people for the individual contribution they make. We know that diversity in our business enhances our business performance and we encourage our people to use their experience, ideas and their unique character in their work.
Fairness and equity are already important principles that underpin our working practices, and we support all our employees in reaching their potential.
We do however see that there are some opportunities for us to enhance our approach and here are some examples of the actions in our plans:
Supported by the Board, we have established a Diversity and Inclusion Working Group with clear strategic goals. The focus for 2022 is learning and raising awareness of broader diversity, which includes a calendar of events throughout the year. We continue to raise awareness about diversity and inclusion in our business and develop our inclusive culture.
There is no simple answer to creating a better gender balance in our organisation. So the solution will also require a range of actions taking effect over the medium term.