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Women in Finance Charter

Yorkshire Building Society is proud to have signed HM Treasury’s Women in Finance Charter

 

What is it?

The Women in Finance Charter1 is a pledge for gender balance across financial services from HM Treasury. It is a commitment to work together, across our industry and with Government, to build a more balanced and fair financial services industry.

Organisations who have signed the charter have made a clear commitment to improve diversity, ensure that women are able to progress into senior levels, set targets to support this work and regularly report on their progress. 

We believe that, by valuing diversity of thought and outlook, we can make better decisions across our business, in order to benefit our members.

What are we doing about it?

Diversity doesn’t begin and end with signing a pledge. We do a huge amount of work to ensure we improve the diversity of our teams, and that won’t stop any time soon. We’re proud to be working with the National Centre for Diversity to ensure that others businesses can learn from our experience as well. 

But we also know that we have a long way to go. By signing the Charter, we’re making a public commitment to help improve diversity in financial services.

Our target

We are working hard to ensure that we have a diverse senior leadership team. By signing the Charter, we have committed to a target of a balanced senior leadership team. We believe this will be sustainable in the long-term, and in the best interests of our members and customers.

 

 

Senior Leadership

Where are we now?

42% women, 58% men

Target

50% women, 50% men

With a minimum of 40% of either gender

 

1For more information about the the Women in Finance Charter visit:
https://www.gov.uk/government/publications/women-in-finance-charter

Diversity at YBS

It is about much more than targets and we’re not limiting our work to gender diversity. We’re doing a lot of work to build a more diverse business, ensuring that people who are making decisions about the future of our Society bring a wide range of experience and understanding to their roles.

This has included:

  • Ensuring an inclusive environment for all colleagues, through our Decency and Fairness campaign, including unconscious bias awareness training for all leaders
  • Developing an accessible recruitment website which assists candidates with visual and hearing impairments to navigate the site
  • Working with the Baroness Warsi Foundation and Creating Inclusive Cultures in Leeds to introduce local students to the workplace, build relationships with our apprentices and provide an insight into our recruitment and selection process
  • Running successful #prideinoursociety campaigns – supporting and connecting with the LGBTQ+ community

With the Women in Finance Charter, we will be introducing further measures to ensure that senior colleagues have responsibilities to drive this work on.

We think that this work will help us develop fantastic future leaders within our organisation, and make Yorkshire Building Society an even more welcoming, diverse and exciting place to work. In turn, we are confident that will deliver the best possible results for our members and customers.

 

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