At Key Fund we are passionate about supporting the creation of resilient and successful communities where everyone feels able to participate fully in civic, economic, and social life. We believe that to achieve our mission, equity, diversity, and inclusion must be at the heart of everything we do. This is not only about diversity in our team. It is also about how we embed equity, diversity, and inclusion in what we do. This embraces how we work, who we work with and stepping up to challenge and address structural inequalities in our society. Our commitment to be the best version of ourselves After 20 years and with over £75 million invested we have achieved so much, but in a world where inequality is clearer than ever, we are asking ourselves ‘are we leaving anyone behind’? Like many others, we are on a journey to challenge ourselves and the status quo to ensure that we offer the right support for all our communities to thrive. With this in mind, we are currently reviewing who we invest in, and how, so we can continue to extend our investments in traditionally excluded or marginalised communities. We consistently score highly with staff for our inclusive and welcoming work environment and to make sure our policies and practice are consistently responding to everyone’s needs we are setting up regular employee surveys. We are also reviewing our recruitment process from start to finish to ensure that we are doing everything possible to attract candidates that reflect the diversity of the communities we serve. We are committed to fostering diverse talent and remove barriers to entering and progressing in the financial sector, including setting up new training schemes for young people from traditionally underrepresented backgrounds in the social investment sector. We are committed to the action we need to take, including speaking openly about our current limitations, seeking out diverse views and speaking out when we see inequality. We are determined to be the best version of ourselves and to be a pioneer in and for our sector. It is only by using all our diverse skills and experience that we can affect real change that benefits everyone. To turn all this talk into action we have developed an Action Plan and formed an Equity, Diversity, and Inclusion Working Group that meets every two months to keep us accountable for achieving our EDI goals. We will keep you updated on our progress and the challenges faced through our annual Social Impact Report and social media channels.
In March 2021, Key Fund was proud to become a signatory to the HM Treasury Women in Finance Charter. This commits us to setting internal targets for gender diversity in our senior management and publishing progress annually against these targets in our Social Impact Report and on our website. As of 2016 we have 50% female representation in senior management. We are committed to maintaining this level. Our actions for this financial year to drive progress towards gender parity fall under four themes: Recruitment Building networks to ensure we reach a wide pool of applicants. Using accessible formats, inclusive language and valuing lived experience. Appointing specialist diversity recruiters for Board appointments Carrying out post-recruitment analysis Attending specific diversity and inclusion training for recruiting personnel Retention and promotion Monitoring and responding to employee’s inclusion needs. Identifying and developing internal diverse talent for progression into senior management positions Embedding EDI into business as usual Annually report on our gender pay gap and carrying out corrective action as appropriate. Regular Equity, Diversity and Inclusion Working Group meetings to evaluate progress on our EDI Action Plan. Behaviour and culture Refreshing and developing further policies to ensure an inclusive work environment.