Target’s Women in Finance Charter Commitment progress

At Target, we are committed to creating a diverse and inclusive culture, ensuring equal opportunities in our workplace

We signed up to the Women in Finance Charter in 2019 and are on track to meet our charter target by the end of 2022.

As at 16th September 2021, we have 28% of women in senior roles, and we’re aiming for this to be 50% by 2022.

We’re encouraged by our gender pay gap – it’s at 23.9% which is well below the finance and insurance average of 32.7%

During the last year we have:

  • Worked with Chwarae Teg to support the development of Women in Wales
  • Launched a leadership development and mentoring programmes for all colleagues across all levels of the company
  • Celebrated many of our female experts with social media videos showcasing their skills and expertise
  • Added Diversity and Inclusion as a discussion point for our Exco and Board meetings
  • Adopted an effective hybrid working model to ensure we can fully support working parents and retain key talent
  • Continued to develop our school engagement projects.

We now plan to work with our parent company Tech Mahindra to share best practice in this area and we are confident that we have the right action plans in place to meet our targets for 2022.

To meet the Women in Finance Charter we’ve committed to:

  • 50/50 by 2022 – We’re committed to increasing representation in our senior leadership team from 28% up to 50%
  • Our HR Director, Matt Davies, is accountable for driving Diversity and Inclusion at Target, including gender diversity and closing the gender pay gap
  • We will report annually on our progress on all Diversity and Inclusion Measures, including gender

The Women in Finance Charter is a commitment by HM Treasury and all the companies that have signed up to build an increasingly diverse sector.

Click here to view the Target 2020 Gender Pay Gap Report

Click here to read more about the Women in Finance Charter 

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