Leading organisations across the UK have made a pledge to support gender diversity in the financial services industry by signing the Women in Finance Charter.
The HM Treasury initiative requires firms to formulate a strategy for achieving greater diversity within their organisations, particularly at the senior and executive levels. Signatories agree to:
Below, we set out Affinity Capital's targets for meeting our Women in Finance Charter obligations.
Affinity Capital was among the first signatories to the Women in Finance Charter, and we are committing to various actions that will help support gender diversity within our industry.
We are a small independent boutique firm that operates in the niche space of independent analysis and trading of structured investments. It's important to note that we are already an all-female company and we do not intend to scale our business any further, so our targets are not about hiring more women. For more information on our people, please click here.
Affinity is also committed at director level to continually reassess the ways in which the business can provide a flexible working environment for men. One of our targets is to make more effort to understand and promote their needs in the workplace and move towards a gender-neutral society for the future.
Instead, Affinity Capital pledges to promote gender diversity by:
More specifically, our diversity targets are to:
Since its inception, Affinity Capital has strived to promote gender diversity within financial services, and we're proud to be a part of a government initiative designed to tackle the issue on a national scale.
One of the Women in Finance Charter terms is an agreement to link senior executive team salaries to the success of hitting gender diversity targets.
However, we don't currently have intentions to scale the business and as an all-women firm, it's not possible to set diversity targets until we hire again. In the meantime, we support our existing female staff through competitive pay, flexible working agreements and an emphasis on work-life balance.