At Legal & General, we are continuing to build 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 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 2020, female representation across the Group stood at 45% and at 35% among middle/senior management.
Our original goal was to deliver 40% by the end of 2020. Whilst we’re disappointed not to have hit this target, we’re proud of what we have delivered and recognise the value in setting stretching aspirational goals. Our Board is 33% 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.
Our focus remains clear. We are working together to build a progressively more diverse workforce and a more inclusive workplace. Key interventions over the year ahead include: an expansion of our mentoring and talent sponsorship programmes; continued focus on hiring under-represented talent; and further investment in our people management and leadership capability across L&G.
We continue to benchmark our progress against diversity commitments and through a range of external measurements like Bloomberg GEI, Hampton Alexander, the Race at Work Charters Five Calls to Action, LGBT Great iiBT survey, Investing in Ethnicity Matrix, Social Mobility Employers Index and our continued commitment to the Women in Finance Charter.