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Female and Gender Equality Initiatives at the Financial Conduct Authority

For us, gender equality is important not only because it is fair and the right thing to do, but because it is also vitally important to our business and productivity.

In support of our overall D&I ambition, we launched our ‘Building an Inclusive Culture’ campaign in 2017. The campaign focuses on helping us to achieve diversity and, through inclusive leadership, create an inclusive culture which realises the benefits of this diversity.

Our commitment 

We have set a target for 45% of our senior leadership team to identify as female by 2020, and 50% by 2025.

The FCA’s executive team have a common shared objective on diversity which means that their performance-related pay is determined by delivery against these targets.

In 2017, 36% of our senior leadership team to identify as female. Overall across our organisation we have 52% female representation and 50% of our Board, 42% of our ExCo and 40% of our Managers are female.

In our recruitment process, we ensure gender balanced interview panels all job descriptions are put through a gender-decoder to ensure the language we use is inclusive. 

Balance Network

In 2017, our well-established Women’s Network successfully broadened to a Gender Network and changed their name to ‘Balance’. By broadening the network, they can now champion full inclusivity and ensure that the network is open and engaged with all those who can support gender equality. Focus groups have taken place engaging with men on issues affecting them.

Key successes in 2016/17 include:

  • Establishing four fully fledged Lean In circles, with women from all parts of the organisation involved
  • Continuing our relationship with The Girls Network for another cohort of girls aged 12–13
  • Holding an International Women’s day event with external speakers and the theme #BeBoldforChange
  • Participating in the 30% Club’s latest research on unconscious bias and gender, including 30 interviews with line managers and their direct reports.

Women in Finance Charter

As part of our commitment to diversity in the workplace we have signed the Government’s Women in Finance Charter. The Charter is an initiative by HM Treasury that seeks to increase the representation of women in the financial services sector, particularly at senior levels.

 

Articles in Female and Gender Equality Initiatives at the Financial Conduct Authority

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