The 90% journey: Encouraging firms to share their information

Initiatives not a zero-sum game

clock • 4 min read
Sachin Bhatia (right) is co-chair of the Ethnicity Workstream (head of UK core institutional and consultants at Invesco) and Dimple Mistry is co-chair of the Ethnicity Workstream
Image:

Sachin Bhatia (right) is co-chair of the Ethnicity Workstream (head of UK core institutional and consultants at Invesco) and Dimple Mistry is co-chair of the Ethnicity Workstream

"If we do not have the data or evidence, it is very difficult to talk about change”. This quote by Anthony Horrigan of pay gap analysis consultants Spktral, sums up well the next step in our diversity journey.

Renewed focus on ethnicity This year the Diversity Project celebrated its five-year anniversary and identified ethnicity as a key area of focus going forward. Consequently, the Race and Ethnicity and #TalkAboutBlack workstreams of the Diversity Project have set an ambitious and challenging target; for the industry and member firms to achieve a 90% ethnicity data disclosure rate within two years. Reaching this target will provide a strong basis to identify gaps, stumbling blocks and establish additional actions and targets to accelerate representation and better reflect society acros...

To continue reading this article...

Join Investment Week

  • 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

More on Diversity

Study from Simplify Consulting into gender imbalances in financial services

Half of women have experienced gender barriers in financial services

'Women are still being overlooked'

clock 01 August 2022 • 2 min read
The firm reported that no financial services companies within the FTSE 100 report ethnicity pay gap data

ShareAction launches campaign for industry to disclose ethnicity pay gap

Targeting FTSE 100 firms

Elliot Gulliver-Needham
clock 19 July 2022 • 2 min read
Wealth managers and funds cannot afford to ignore gender when it it at the forefront of their clients' minds.

Roe v Wade shows gender is material in investments, now more than ever

Impact of Roe v Wade

Suzanne Biegel and Sana Kapadia
clock 19 July 2022 • 4 min read
Trustpilot