Sexism in the City report finds a culture of misogyny persists
The House of Commons Treasury Committee’s Sexism in the City report found that sexism remains a widespread and significant problem and that barriers to women’s progress “remain stubbornly in place” in the City of London’s financial sector.
Little has changed over the last five years, with many firms continuing to regard diversity as a “tick box” exercise, says the report.
Read our review and commentary on the report.
Topics include the extent of misogyny, bullying, and sexual harassment, including rape, across the sector, as well as the “widespread misuse” of non-disclosure agreements (NDAs).
We also provide some insights on what firms can do to address these problems, including firm leaders taking responsibility for tackling these challenges and enforcing policies to eradicate them, as well as training, and other strategies such as offering equalized maternity and paternity leave packages and facilitating hybrid, flexible and remote working patterns.
Further Reading
On 4th November 2024, EFRAG – the European Financial Reporting Advisory Group – published draft implementation guidance for transition plans, specifically targeting climate change mitigation (TPIG 4).
What is greenhushing and why is it on the rise? This article defines the problem and provides insights into the future of greenwashing.
Read our 𝐐𝐮𝐚𝐫𝐭𝐞𝐫𝐥𝐲 𝐄𝐒𝐆 𝐔𝐩𝐝𝐚𝐭𝐞 via Centralis. The update covers the latest ESG developments across Europe, the UK, and the US for the last quarter.
To help companies and investors understand how to prepare for CSRD, we created a step-by-step guide outlining the key elements of the framework and practical steps to take.
Highlights and reflections on the PRI In Person 2024 conference which Daniella Woolf attended this year.
Danesmead ESG's Daniella Woolf and Harriet O'Brien speak to GRIP about the evolution of ESG covering sustainability and climate reporting in US, UK and EU.
Updates on the PRI, CSRD, FCA Naming and Marketing rules, ISSB, greenwashing and more in the Danesmead ESG September 2024 newsletter.
The PRI held its annual Signatory General Meeting on 10th September 2024, focusing on the outcome of its 2024 strategy consultation and its next steps in terms of reporting and progression pathways.
The FCA has announced its intention to grant firms additional time to comply with its ‘naming and marketing’ rules for sustainable investment products.