Women in Finance
A pledge for gender balance across financial services
What is the ‘Women in Finance Charter’?
The Women in Finance Charter was introduced following the 'Empowering Productivity' report into harnessing the talents of women in finance. It is a commitment by HM Treasury and signatory firms to work together to build a more balanced and fairer financial services industry.
This review focused on the talent pipeline at the executive population below board level and found that in 2015, woman made up only 14% of the Executive Committees in the Financial Services sector The Charter reflects the government’s aspiration to see gender balance at all levels across financial services firms. A balanced workforce is good for business – it is good for customers, for profitability, productivity and workplace culture, and is increasingly attractive for investors.
The Enra Pledge:
In 2019 Enra Specialist Finance proudly signed the charter to underline its existing commitment supporting the progression of women into senior roles in the financial services sector.
We pledge to create diversity by:
- 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.
We are committed to continuing to drive positive change and have already introduced changes and have further plans to increase diversity and inclusion.
As of September 2020, we have the following female representation in the business:
- 48% of female staff as a percentage of the total workforce
- 27% of female senior managers as a percentage of total senior management
In the 12 months since signing the charter, Enra Specialist Finance has assigned one of our senior executive team (COO) to lead our plans for gender diversity and inclusion. We have set targets for gender diversity within our management team and we have already seen positive improvements. By September 2023 our target is to have 33% of women in senior management roles.
Stephen Hogg, Chief Operating Officer of the Enra Specialist Finance said:
"At Enra Specialist Finance we have long recognised the value of diversity among our workforce. Inclusion and diversity are at the centre of our hiring practices and overall approach to workforce management. We are delighted to formalise our commitment to a diverse workforce by signing the Women in Finance charter."