Source · Select Committees · Treasury Committee

Recommendation 6

6 Paragraph: 46

Urge financial firms to prioritise diversity and inclusion as a core business matter.

Recommendation
First and foremost, it must be the responsibility of firms, boards and investors to drive improvements in diversity and inclusion, particularly given the clear evidence that 40 Sexism in the City more diverse firms achieve better results. We heard that many firm-level initiatives aimed at improving diversity and inclusion were often not treated in the same way as other core business priorities. We encourage firms, boards and investors to put this right and ensure diversity and inclusion is given the same focus as any other core business priority. The lack of progress in the past five years cannot be tolerated indefinitely. The loss of potential is just too great.
Paragraph Reference: 46
Government Response

A response document is linked to this report, dated 14 May 2024. Response attribution to this conclusion has not been verified. Read the response document ↗