At Vanguard we fundamentally believe that diversity strengthens the financial services industry's range of perspectives and its capacity to make better decisions. We are committed to fostering a more diverse workforce across investment management, enabling an industry environment that aligns with and better serves the public.
At Vanguard, our aspiration is to create an inclusive and equitable work environment that reflects a diverse community of talents and drives our mission to provide investors with the best chance for investment success. We strive to integrate the three components of diversity, equity and inclusion (DEI) as we create the conditions for all employees (we refer to as crew) to thrive.
In June 2018 we signed the Women in Finance Charter, which is an HM Treasury-sponsored pledge for gender balance across financial services. As part of our commitment to improving gender diversity we pledged to increase the representation of women in senior management positions.
When we signed the Charter, the proportion of our senior management roles filled by women was below 30%. Today it is 35% and we have set ourselves a target of reaching 39% by August 2029.