AAT (Association of Accounting Technicians) has become one of the latest organisations – and the first accountancy body – to sign up to the Women in Finance Charter.
The Charter, introduced by HM Treasury as a pledge for signatory firms to work together to help build greater gender balance in financial services, was created to reflect the government’s aspiration to see gender balance throughout the industry. Published exactly a year ago in March 2016, it commits firms to supporting the progression of women into senior roles by focusing on the executive pipeline and the mid-tier level, as well as carrying a number of other pledges to promote gender diversity.
With women comprising over two thirds of AAT’s 140,000 members worldwide, the organisation has been a leading voice calling for the promotion of gender equality in business. In October 2016, AAT held a roundtable event to discuss how employers and employees could collectively tackle the gender pay gap, from which a white paper was produced.
Olivia Hill, Chief HR officer at AAT, said:
“We are proud to be the first accountancy body to have signed the Women in Finance Charter. AAT has been at the very heart of encouraging gender diversity across the accountancy and finance profession and through signing, we are demonstrating our ongoing commitment to this important cause.”
Baroness Neville-Rolfe, Commercial Secretary to the Treasury, said:
"I know how difficult it can be for a woman to get the recognition she deserves and achieve her potential. And in financial services particularly, women progress too slowly or they leave the sector completely.
We have made a strong start – the first anniversary of the Women in Finance Charter sees 122 firms seizing the competitive advantage by tackling sex inequality head on.
But this is just the beginning. The financial industry is famed for its ability to identify opportunities to improve productivity. The Women in Finance Charter is one of those opportunities. It offers the chance to increase diversity of thought and for the financial services sector to better reflect the society it serves. This is why I encourage firms across the UK to step up and sign the Charter.”