Continuing to build gender and ethnicity balance across The Co-operative Bank
HM Treasury Women in Finance Charter commitment progress update and Gender Pay Gap Reporting 2022
"As one of the first Banks to sign up to the HM Treasury’s Women in Finance Charter in 2016 we had at that time 32% of female representation at senior leadership level. In 2020 we successfully reached our committed target to increase female representation in our senior leadership to 40%. As proud as we are of our success to date, we know there is more to do to achieve gender balance. We therefore set ourselves an aspirational target of 45% women in senior roles by the end of 2023 to ensure we maintain focus on increasing female representation. By driving towards what we know is a stretching target we ensure that we continue to push for change. I am pleased to report we have 41*% women in senior roles at our Bank at the end of 2022."
"I confirm the Gender and Ethnicity Pay Gap Reporting data in this document to be accurate."
Chief Executive Officer
*Actual is 41.5%
HM Treasury Women in Finance Charter Update and Gender Pay Gap Reporting 2021
HM Treasury Women in Finance Charter Update and Gender Pay Gap Reporting 2020
HM Treasury Women in Finance Charter Update and Gender Pay Gap Reporting 2018
Supporting the Women in Finance Charter in 2017
The Women in Finance Charter commits financial services firms to supporting the progression of women into senior management by focusing on developing existing colleagues with the potential to progress, setting public targets for improving gender diversity in senior management roles; and requiring firms to publicly report on progress to deliver against these internal targets to support the transparency and accountability needed to drive change.
The Charter was developed following a joint report, Empowering Productivity: Harnessing the Talents of Women in Financial Services, by HM Treasury and Jayne-Anne Gadhia, CEO of Virgin Money, on increasing opportunities for women in the financial services sector to improve gender equality.
Further information about the Charter can be found at Gov.uk.
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