In July 2016, Barclays was proud to become one of the first signatories to the HM Treasury Women in Finance Charter.
The firms that have signed up to the charter employ over half a million people and span across the breadth of the financial services sector. Each has pledged to improve gender diversity in their companies and include specialist industries such as FinTech, as well HM Treasury, the Financial Conduct Authority and financial services trade bodies.
The Women in Finance Charter commits financial service firms to link the remuneration packages of their executive teams to gender diversity targets. The charter encourages companies to commit to:
- Having one member of the senior executive team responsible and accountable for gender diversity and inclusion.
- Setting targets for gender diversity in senior management
- Ensuring pay of the senior executive team is linked to delivery against these targets.
At the launch event, hosted by Barclays, the CEO for Private Banking, Dena Brumpton commented: “For the bank this is a public statement of a long held internal commitment to gender diversity”.
Barclays' commitments to the charter include:
Balanced Scorecard metric