Treasury urges firms to sign Women in Finance Charter

The Treasury Committee is calling for finance firms to sign up to the Women in Finance Charter to help boost gender diversity in financial services.

Treasury Committee Chair Nicky Morgan has written to more than 30 businesses in the sector, challenging them about why they have not signed the charter and whether or not they will.

Commitment

JP Morgan, Goldman Sachs, Metro Bank, and Zopa were among the firms that Morgan wrote to. Those on the list only have today to make their decision and provide reasons if they choose not to.

Those signing pledge to set targets such as improving gender diversity in senior management and providing annual reports on their progress.

Currently, the Women in Finance Charter has more than 160 signatories, including Lloyds, Barclays, Bank of England and all of the Big Four firms.

Welcomed

 Morgan said: “The progress of the women in finance charter is to be welcomed. The aim, however, must be to see all firms in the financial sector sign up to the charter and make a concerted effort to improve their gender diversity, particularly in senior roles.”