Diversity & Inclusion

Difference adds value: whether it’s coming up with a different way of looking at the world or the willingness to call out when something doesn’t look right or fair.

Innovation and strong governance are key ingredients to the success of our business: that’s the real value of diversity. We don’t just get the same voices around the table. We value everyone’s point of view and are open to new perspectives. We encourage a disruptive mind-set, a positive one which helps us to be thought leaders rather than followers.

Women in Finance

Legal & General were pleased to be one of the first signatories to the HM Treasury’s Women in Finance Charter.  The objective of the charter, to increase the representation of women in Financial Services, is consistent with our 50/50 by 2020 which aims to achieve gender balance by 2020.

To meet our Charter commitments and move us towards our 50/50 by 2020 aspiration, Legal & General set a target to increase the representation of women in middle to senior management roles from 35% in July 2016 to 40% by 2020.

To achieve this target we developed actions plan in each of our business divisions which focus on how we attract, retain and progress our female talent. These actions are taking us towards our aspiration of 50/50 by 2020 - our total population currently has a gender split of 48% women and 52% men. 

We haven’t yet achieved our target of 40% women in middle to senior management roles across the whole UK business, however, 3 of our 10 divisions have already achieved this target and progress is being made in the others.  Our target population currently stands at 36% at the end of 2018. 

This increase has been as a result of our focus on making changes to our recruitment process which has resulted in the number of women joining our business in senior roles increase to 44%.  We are also making changes to our work environment, making it more agile and inclusive so that talent from many different backgrounds can thrive, these changes have also seen a reduction in the proportion of women leavers.

We want to make lasting change across our whole business, not just at the top, and so while progress takes time, we will continue to take actions that will bring continued progress. Our continued focus on gender diversity has resulted in being recognised in the Bloomberg Gender Equality Index for the first time in January 2019.

Our vision

We strive to be a vibrant business that values inclusiveness and embraces difference, where our employees are engaged and empowered to deliver business results because better business decisions come from a diverse set of views.

We strive to be a vibrant business that values inclusiveness and embraces difference, where our employees are engaged and empowered to deliver business results because better business decisions come from a diverse set of views.

How we aim to achieve our vision

  • Culture: Creating the right culture for diversity and inclusion to flourish.
  • Insight: Understanding where we are now, setting goals and measuring our progress towards becoming more diverse.
  • Communication: Engage our leaders, employees, customers and stakeholders in the diversity agenda.
Close
Loading...