Creating a genuinely diverse and inclusive workplace means being a gender-balanced employer. We recognise the benefit that a diverse senior management team brings which is why we’ve signed up to HM Treasury’s Women in Finance Charter, which aims to deliver gender balance at all levels in the financial services industry.
To meet that commitment, we've set three targets to improve female representation at the highest levels of our business:
- At least one third of our Board members to be female by the end of 2020.
- At least one third of our Executive Committee members to be female by the end of 2020.
- At least one third of our Directors to be female by the end of 2022.
We know we still have work to do and we’ve focused our efforts on three core areas that will help us make real progress – supporting and attracting talented women, equipping and empowering our leaders and sustaining an inclusive culture.
You can find out more about the actions we're taking in our gender pay report.
Women in Finance Charter Annual Review 2019
Tesco Bank signed the Women in Finance Charter in October 2017 and has made positive progress in supporting gender diversity by increasing our female representation at:
- Board from 7% to 15%
- Executive Committee from 11% to 18%
- All Director Level from 3% to 10%
The Women in Finance Charter plays a vital role in our inclusion agenda, ensuring Tesco Bank is a place where everyone’s welcome. We are committed to supporting our female talent through a variety of development opportunities, with executive-level support to ensure continued progress towards our targets.
Women at Tesco Network
Our Women at Tesco network is here to make sure that women have every opportunity to make the most of their careers with us.
Join the network and you’ll have more than 300 colleagues ready to offer support and advice, ensuring nothing stands in the way of realising your potential. And, because it works closely with Tesco Group’s wider network, it offers the chance to explore a range of career development opportunities across the global Tesco business.
Working closely with the Inclusion team at Tesco Bank, the network empowers its members – helping women take charge of their own development and progress within Tesco Bank. With a programme of events throughout the year, together with informal contacts and meetings, there are a wide range of opportunities to get advice and support from fellow members.
We look beyond our own networks to support the leading voices for women in the industry. That’s why we’re proud to work in partnership with Women in Business and Finance , which celebrates and supports women in the industry, working to achieve equal representation and close the gender gap.