Diversity, equity and inclusion (DEI) is a strategic priority for Whitehelm and instrumental to us achieving our long-term Vision and Mission. A diverse, equitable and inclusive workplace makes teams more effective, delivering top performance and long-term sustainable outcomes.
We have developed a DEI Policy which outlines our approach to this important area and the key roles and responsibilities within the organisation. You can view the policy here.
In line with the commitments made in our DEI policy, we have set some diversity targets that are measurable and achievable. Progress against the targets is measured every year and reported to the Board.
Our Diversity Targets are:
When we signed up to the Women in Finance Charter in June 2019 we had 20% female representation in senior management. As at June 2020 we have 21% female representation in senior management. We believe we are on track to meet our Charter target by our deadline.
We are committed to DEI at all levels and the following are examples of our focus in this area:
#100blackinterns Programme
Whitehelm Capital is proud to be supporting the #100blackinterns programme in the UK. Every year the programme will offer at least 100 internships to black students and recent graduates in investment management for the next five years. The initiative has been started because of a lack of Black portfolio managers with it estimated that there are just 12 Black portfolio managers currently running money in the UK. This programme is seen as the most sustainable way of creating long term change, leading to an increase in the number of Black portfolio managers.
As part of the programme, next summer we will host a six week internship for a black student or recent graduate to give them a valuable insight into investment management and to equip them with the skills required to excel in the industry. To find out more about the programme, including how to apply, go to the website: https://www.100blackinterns.com/
Women in Finance Charter
As part of our commitment to gender diversity here at Whitehelm, we are proud to be signatories to the UK’s Women in Finance Charter. This Charter is a commitment by HM Treasury and signatory firms to work together to build a more balanced and fair industry. Our commitment to charter reflects our aspiration to see gender balance at all levels across financial service firms.
ILPA Diversity in Action Initiative
We are proud to be a signatory of the ILPA Diversity in Action initiative, sharing a commitment to advancing diversity, equity and inclusion in the private equity industry. Membership of this initiative supports us on our journey to becoming more diverse and inclusive both within Whitehelm and the industry more broadly.
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