ShareAction launches campaign for industry to disclose ethnicity pay gap

Targeting FTSE 100 firms

Elliot Gulliver-Needham
clock • 2 min read

ShareAction has launched a campaign calling for the financial services industry to properly report the ethnicity pay gap, targeting FTSE 100 firms.

ShareAction said the first year of the campaign would be targeted at the financial services industry and would then open up to other sectors. The campaign is backed by various minority-led groups such as the Runnymede Trust, the Living Wage Foundation and CIPD. The firm reported that no financial services companies within the FTSE 100 report ethnicity pay gap data in accordance with Office for National Statistics recommendations. ShareAction claims banking groups still backing new oil and gas projects - reports The campaign calls for companies with no procedures for reporting their...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot