At Legal & General, we are committed to building a diverse workforce and an inclusive workplace, where every individual’s unique background is valued, and everyone has the opportunity to contribute and succeed. We are working towards progressive improvements in representation across all protected characteristics and social mobility.
We are proud to be signatories of the Women in Finance Charter and are committed to increasing the representation of women across our firm, and in our most senior roles. As part of our commitment to the Charter, we have set ourselves the aspirational goal of 40% female representation at middle/senior management level by the end of 2025.
As at 31 December 2022, female representation across the Group stood at 45% and at 38% among middle/senior management.
Our Board is 42% female and the Executive Committee is now 25% female, with two of our five businesses led by a female CEO. In real terms we’ve got the highest number of women in senior roles that L&G has ever had.
We continue to close our gender pay gap. In 2022 we again saw a continued, progressive narrowing of our median pay gap, from 24.1% to 22.4%, with positive movement in all our reportable entities.