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Gender equality
Our commitment
Learn how we’re engaging all genders in our continued support and progress towards gender equity.
Our commitments
We signed the UK HM Treasury Women in Finance Charter, in 2016, to further progress the gender agenda and work together to build a more balanced and fair industry.
We have been included on the Bloomberg Gender-Equality Index 2023, for the eighth year in a row.
We recently earned the EDGE certification for our work on Gender Equality. This globally recognised accreditation is a demonstration of our commitment to gender equality and we are really proud to be the first financial institution in Singapore, Malaysia, Vietnam and Sri Lanka to receive this.
We’re guided by our commitments
We believe collaboration is key to building a fairer, more balanced industry. Our external partnerships both focus our own efforts and help us advance the cause of gender equality in financial services.
The UN Empowerment Principles
Our CEO, Bill Winters, signed a statement of support for the United Nations Women Empowerment Principles, in April 2018. These seven principles underpin the work we are already committed to which supports women in the workplace, marketplace and community.
The Women’s Empowerment Principles (WEPs) is a joint initiative of UN Women and the UN Global Compact. They are a set of seven principles for business, offering guidance on how to empower women in the workplace, marketplace and community:
- Principle 1 – Establish hi-level corporate leadership for gender equality
- Principle 2 – Treat all women and men fairly at work – respect and support human rights and non-discrimination
- Principle 3 – Ensure the health and safety and wellbeing of all women and men workers
- Principle 4 – Promote education, training and professional development for women
- Principle 5 – Implement enterprise development, supply chain and market practices that empower women
- Principle 6 – Promote equality through community initiatives and advocacy
- Principle 7 – Measure and publicly report on progress to achieve gender equality
Women in Finance Charter
In 2016, we signed the UK HM Treasury Women in Finance Charter to further progress the gender agenda and work together to build a more balanced and fair industry.
The pledge includes:
- 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 these targets in reports on our website
- Having an intention to ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity
As part of our commitment to transparency, we have been publishing gender data annually for over 10 years. We will continue to publish progress annually against our gender targets as we believe this will help to increase accountability and drive the pace of change across the industry.
Since signing the UK HM Treasury Women in Finance Charter in 2016, we’ve seen a positive trend of women taking up senior leadership roles, increasing from 25% to 32% at the end of December 2022. This takes us closer towards our pledge of having women occupy 35% senior leadership roles in 2025.
We’re proud of the progress that we have made to date but recognise there is more work to do.
EDGE certification
We recently earned the EDGE certification for our work on Gender Equality. This globally recognised accreditation is a demonstration of our commitment to gender equality and we are really proud to be the first financial institution in Singapore, Malaysia, Vietnam and Sri Lanka to receive this.
Bloomberg Gender-Equality Index
In 2023 we were included in the Bloomberg Gender-Equality Index for the eight year in a row.
Gender pay gap disclosure
Under legislation that came into force in April 2017, UK employers are required to publish their gender pay gap annually. We have published our gender pay gap for the UK under UK legislative requirements and have extended the disclosure to cover our hub locations in Hong Kong, Singapore, UAE and the US. Our latest Fair Pay Report sets out details of our gender pay gap and actions we are taking to increase the representation of women in senior or highly paid roles.
Our approach to diversity
Gender is just one area we focus on. See how we're approaching inclusion, discover our strategy, and access reprots.