As an employer, we value diversity, encourage inclusion and support staff wellbeing.
Diversity and inclusion go together
We’re working to create a workforce that reflects the diversity of the society we serve. And we think diversity and inclusion go hand-in-hand. So we’re also developing an inclusive workplace culture that allows people to be themselves at work and achieve their potential.
Our former Governor Mark Carney explained our approach in a speech called ‘Reflecting diversity, choosing Inclusion’ in February 2017. He outlined our progress so far in a letter to the Treasury Select Committee in February 2018.
In September 2019, Victoria Cleland, our Executive Director Banking Payments and Innovation, set out how we have developed our approach to inclusion.
We’re building a diverse workforce
We’re building a diverse workforce because we believe it will allow us to build trust with the people we serve and help us make better decisions.
In 2014, we set ourselves targets to increase gender and BAME (Black, Asian, minority ethnic) diversity. We revised these targets in 2017. We want:
- 50% of our employees below senior management, and 35% of our senior managers, to be female by end-2020
- 20% of our employees below senior management to be BAME by 2020, and 13% of our senior managers to be BAME by end-2022.