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In March 2016, HM Treasury launched the Women in Finance Charter to improve gender diversity in financial services and move towards greater gender balance in senior management. Ten years later, the Charter has approximately 400 signatories, covering about 1.2 million employees across the sector.

This 10 Year Review assesses the impact of a decade of the Charter on signatories and the financial services industry, covering in particular:

• The impact of the Charter over the past decade
• How the Charter has influenced signatories’ approaches to improve female representation, particularly against the Charters’ four main principles of:
  • Have one member of the senior executive team who is responsible and accountable for gender diversity and inclusion
  • Set internal targets for gender diversity in senior management
  • Publish progress annually against these targets on a page on the company’s website dedicated to their Charter commitment
  • Have an intention to ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity.
• The challenges ahead for the next 10 years