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Peer2Peer Finance News | September 18, 2019

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Zopa joins Women in Finance Charter

Zopa joins Women in Finance Charter
Tim Evershed

ZOPA has become the final member of the ‘big three’ peer-to-peer platforms to sign up to the Treasury’s Women in Finance Charter.

The Treasury has announced that a further 67 companies have signed up to the Charter, which aims to tackle gender inequality in senior roles.

The lender joins Funding Circle and RateSetter who have already signed up.

P2P investment manager Goji and direct lending specialist BondMason are also among the recent signatories.

They join buy-to-let P2P lender Landbay on the Charter, as well as a number of major City brands including JP Morgan, Bupa, Equifax, Admiral Group, Investec Asset Management, and Yorkshire Building Society.

There are 272 signatories to the Charter, which now covers over 760,000 financial services employees in the UK.

“From banking to asset management, too few women get to the top in financial services,” said John Glen, economic secretary to the Treasury.

Read more: Landbay reaches Women in Finance targets

“That’s why it’s so important that firms sign our Charter and commit publicly to take action. It’s not just the morally right thing to do.”

The Women in Finance Charter asks firms to commit to four industry actions to prepare their female talent for leadership positions.

These include setting internal targets for gender diversity in their senior management and publishing progress annually against these targets in reports on their website.

Read more: Funding Circle joins Women in Finance Charter

“I am delighted we have more than 270 companies committed to HM Treasury’s Women in Finance Charter,” said Jayne-Anne Gadhia, chief executive of Virgin Money and the government’s Women in Finance champion.

“Gender equality and diversity is integral to creating a fairer, more prosperous society. But there’s still more to do and we will keep going until every organisation is signed up.”

Read more: RateSetter signs up to Women in Finance Charter