In Focus: The Charter for Black Talent in Finance and the Professions

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The Charter for Black Talent in Finance and the Professions reflects the aspiration to create a world in which all talent can thrive equally in business and at every level across the financial and professional services sectors. The Charter also reflects a recognition by signatory firms and supporting institutions that, while there has been a focus and progress on diversity in other areas, there is a particular problem with the recruitment, career progression, retention and promotion of Black talent in the financial and professional services sectors.

The Charter: 

  • commits firms to creating and maintaining an environment where Black talent can be identified, developed and promoted for the benefit of individuals and the organisation;
  • commits firms, within that environment, to support the recruitment of Black employees and their development and progression into senior roles in the financial and professional services sectors by focusing on the entire executive pipeline;
  • recognises the diversity of the financial and professional services sectors, and that firms will have different starting points – each firm should therefore implement the right strategy for its organisation; and
  • in order to support the transparency and accountability needed to drive change, requires firms to report publicly on the steps they have taken to create and maintain an environment for the identification, development and promotion of Black talent and on the progress to deliver against their targets.

Find out more about the Charter and how to sign up here.

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