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Diversity and inclusion
Data and reports
Data powers everything we do. This is how we’re using it to assess diversity and inclusion across the company.
How we use data
Our reporting doesn’t just help us see what we’ve achieved – and where there’s more to do. It allows us to make data-led decisions to create a workplace where everyone can thrive.
An expanded remit for our pay gap reporting
Our reporting helps us ensure we are making fair decisions on compensation so we can better realise the potential of a truly diverse workforce.
Since 2017, we have reported on pay gaps by gender in the UK and our hub locations: Hong Kong, the US, UAE and Singapore.
We have also calculated pay gaps by ethnicity in the UK and US, expanding upon the pay quartile disclosures made last year.
Leadership representation
We continue to make strides in advancing the fair representation of talent and embedding inclusive policies and practices for all colleagues.
Women in leadership
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 per cent to 33.1 per cent globally at the end of December 2024.
42.9%
of our Group Management Team are women
42%
of our Board are women
33.1%
of senior leadership roles are held by women
View our Board Diversity Policy and find out more about our approach to Gender Equality.
Ethnicity representation
We remain focused on building a workforce that is truly representative of our client base and footprint.
As of 2024, 33 per cent of our Board identifies as being from an ethnic minority background, above our aspiration of 30 per cent. Further, 21.1 per cent of our Group Management Team and their direct reports identify as Black, Asian or ethnic minority. In the UK, Black representation in senior leadership is 2.5 per cent and ethnic minority in senior leadership is 28.4 per cent.
Senior leadership targets for the UK
| Market | Ethnic group | Current Senior Leadership as of end of 2023 | Ethnic representation targets by end of 2025 |
|---|---|---|---|
| UK | Black | 2.5% | 5% |
| Minority ethnic | 28.4% | 20% |
Representing our world
We aim to create a workforce that is representative of the nationalities and ethnicities we see in our markets and client base.
Our colleagues represent over 130 nationalities and 100 ethnicities, and there are more than 170 languages and dialects spoken across the bank.
Inclusion Index
Our annual employee listening survey helps us quantify our progress towards creating an inclusive environment. We ask colleagues questions about different aspects of inclusion to generate a score.
What we ask colleagues
The questions in the index provide a rounded response to different concepts of inclusion and takes into consideration concepts of being respected and valued for contributions, being heard and involved in decisions, career development and opportunities and work-life balance.
We have seen a +5.14 ppt overall increase in our inclusion index since 2018 (currently 82.1 per cent).