BMW Financial Services (GB) commit to having at least 40% of senior roles held by women by the end of 2020. When we signed up to the charter we had just under 34% of women in senior roles and this has grown in the last year and as of 27th July 2020 we now have 42% of women in senior roles and 50% of women on the Statutory Board of Directors. We have therefore met our target ahead of schedule and will look to maintain this across the next 12 months.
BMW Financial Services continues to believe that diversity is crucial to our ability to perform effectively and will ensure the long-term success of our Company. Diversity is the engine of our success, today and in the future, because a diverse workforce is an important force for innovation.
Our Gender Diversity Plan for 2020 focuses on the following key areas:
- Extensive review of the recruitment process to improve our ability to attract, engage and develop women and to achieve a gender balance at all levels.
- Focus on establishing specific gender related reporting to aid decision making and drive the business towards greater diversity. We will also undertake a comprehensive review of existing policies to enhance overall diversity and inclusion.
Our Diversity Steering Group continues to support individual managers and departments in making increased diversity a priority across our group of companies. Network groups are well-established and run by our employees to raise awareness and implement change, covering areas like LGBT, Working Parents and Mental Health. These Network Groups are sponsored by members of our Executive Board.
Find out more about the BMW Financial Services (GB) Limited Gender Pay Gap Report.