Reboot. index: Financial services firms falling short on diversity and inclusion

Average score of 65 out of 100

Lauren Mason
clock • 2 min read

Multiple sectors across the financial services industry – including asset management, hedge funds, investment banking and wealth management – are falling well below the optimal diversity and inclusion criteria, according to a new index released by reboot.

Reboot., a network of financial services professionals aiming to maintain dialogue on racial equality in the workplace, launched its inaugural FS Race to Equality index today, in partnership with research house Coleman Parkes. Having surveyed 800 employees from 440 different firms, focusing on representation, culture, and tangible action, it found the average financial services company scored 65 points out of a possible 100, the latter of which is deemed to be ‘optimal' in terms of D&I criteria. Each of the seven subsectors within financial services - which also included pensions, ins...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

FE fundinfo's head of ESG Breier: The hidden benefits of SDR
ESG

FE fundinfo's head of ESG Breier: The hidden benefits of SDR

Strengthening investors' trust

Matthias Breier
clock 07 February 2024 • 4 min read
Partner Content: Join us Thursday: Unlocking portfolio potential
ESG

Partner Content: Join us Thursday: Unlocking portfolio potential

Podcast Live! discussion with LGIM

Sarka Halas
clock 06 February 2024 • 1 min read
Morningstar: Janus Henderson and Man Group have 'room to improve' on ESG commitments
ESG

Morningstar: Janus Henderson and Man Group have 'room to improve' on ESG commitments

ESG Commitment Level report

clock 01 February 2024 • 2 min read
Trustpilot