Wellington Management International Ltd (WMIL) is a signatory to HM Treasury’s Women in Finance Charter, with a public commitment to improve gender balance within our organisation. As part of our commitment, WMIL has pledged to enhance our support for the progression of women into senior roles, to set goals that are designed to promote greater gender balance and to report our progress toward these goals.
When we signed up to the Charter in 2018, we had 14% female representation in senior management. As of September 2024 we have 25% female representation in senior management. We believe we are on track to meet our Charter goal of 28-33% by our deadline of December 2025 across our EMEA offices.
We also have a goal to achieve 40-45% women on board/executive decision-making bodies. Our starting position in 2018 was 27%; this year we report 37% and are on track to meet this goal by December 2025.
We are pleased to report that since publicly communicating these goals in March of 2018, we have made progress in both areas. We have expanded and intensified our gender-related initiatives and are starting to see evidence of impact across our female population and, importantly, at senior levels.