WOMEN IN FINANCE CHARTER.

BMW Financial Services (GB) have committed to having at least 45% of senior roles held by women by the end of 2022. 

When we signed up to the charter, we had just under 34% of women in senior roles and this grew significantly in 2020 to 42% of women in senior roles and 50% of women on the Statutory Board of Directors. Last year the Leadership team wanted to grow this representation further and agreed to a target of 45% of senior roles held by women. We are committed to this journey, whilst ensuring we have the right people in the right roles. We are pleased to have overachieved our target with 47% of women in our leadership roles.

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.  We are proud of the awards that we have achieved in this space.

Our Plan for 2022/23 focuses on the following key areas:

• Implementation of the output following an extensive external review of the recruitment process to remove bias and 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 work in Diversity, Equity and Inclusion continues to support individual managers and departments in making increased diversity a priority across our group of companies. Employee led network groups are well-established and used to raise awareness and drive change in communities such as the LGBTQ+, Working Parents and Mental Health. These Network Groups are sponsored by members of our Executive Board.