Inclusion and diversity

Our goal is to ensure that we attract and retain the best talent, and for our talent pool to reflect the diversity of the communities we serve.

When we signed up to the Women in Finance Charter in 2017, we set these 2020 targets:

• 40% women in our workforce
• 30% women in senior management roles
• 30% women on the Board

A note on the numbers: These numbers represent all employees in our global workforce. Senior Managers include those employees who are at Director level and above.

When we signed up to the Charter, we had 36.2% female representation in our global workforce and 25.7% female representation in senior management. As of 2019, we have 41.6% female representation in our overall workforce and 29.5% female representation in senior management.

We have met our Charter target to achieve 40% female representation in our overall workforce by 2020.

The representation of women in senior management has increased by 3.8% since 2017. We are now in touching distance of our 30% target, with 29.5% female representation in senior management in 2019

The actions we have taken in the past year to drive this progress include:

Establishing a firmwide Gender Balance strand with two Executive Sponsors, which sets the focus areas for our efforts to achieve greater gender balance across our businesses and regions

Implementing New Ways of Working to build an agile family-friendly culture. We have modernised our working culture and practices by transforming how, where and when we work to create a more dynamic and vibrant workplace.

Building a more gender-balanced and diverse talent pipeline through focusing on talent identification and development, and refining hiring and mobility practices.

Working with strategic partners to encourage more women to consider careers in investment management

While we have continued to make progress in the right direction, we are determined to do more to ensure greater gender balance in all Fidelity businesses and regions, so we can build better futures for our clients and our employees.

We have set three firmwide priorities for our Diversity & Inclusion Strategy, which will enable us to make further progress on our targets:

To continue to build a culture of inclusivity where everyone’s voice is heard, where we work in new ways, where policy reflects our values, and where we seek global views and include everyone

To enhance our presence and reputation with clients and the external industry as being an inclusive place to work and the destination for all diverse talent

To continue to increase and sustain an increase in the diversity of our people at all levels in our organisation.

These efforts have the highest level of executive support and sponsorship. The responsible executive to HM Women in Finance Charter is Peter Horrell, Chief Executive, Fidelity Holdings (UK) Ltd.

We have established a Global Diversity & Inclusion Leadership Council to shape our Diversity & Inclusion Strategy and hold the company to account for progress against our goals and targets. Its members are senior executives who represent all Fidelity businesses and regions, and who share a passion for strengthening diversity & inclusion.

You can find out more about the Women in Finance Charter .