65% of UK financial institutions fail to meet the Treasury Department’s goals for gender representation

65% of companies that have signed the UK Treasury Department’s Women in Finance charter have missed their 2020 targets for women in leadership.

The charter, which is already in place for the fourth year, measures companies based on the proportion of women in management positions.

Companies blamed the targets for being “too ambitious” and the impact of COVID-19 on hiring and pay

The average female representation in percent of management was 32% in 2020, an increase of only 1% since …

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