SEP maintains its commitment to diversity
As a signatory to the Women in Finance Charter, Scottish Equity Partners (SEP) has renewed its pledge to help build a more balanced and fairer UK financial services industry, announcing its annual statement of progress against diversity targets.
Committed to encouraging a sustainable and inclusive culture, not only within the firm but also across its portfolio of investee companies, SEP signed the Charter in September 2018 declaring its objective to ensure a minimum of 30% female representation within senior management at all times. The firm is pleased to report that in 2019 SEP retained its female representation in senior management positions at 38% while also making progress in developing the careers of female staff, including management training, promotions and accommodating flexible working requests. SEP also encourages its investee companies to both measure and improve diversity across their teams.
Calum Paterson, Managing Partner of SEP said: “We believe that there is a direct correlation between progressive, inclusive employment practices and business growth. As well as the unquestionable benefits that gender diversity brings to our firm, we are also pleased to have an improving position across our portfolio of high growth technology companies, with 25% of senior management positions now held by women and initiatives in place to increase this further.”