The Women in Finance Charter: Our commitment to gender balance

25 September 2018 . United Kingdom

In July 2018, we became a proud signatory of the UK’s HM Treasury Women in Finance Charter. The Charter reflects the UK government’s aspiration to see gender balance across financial services.
Women in finance charter

Bupa is an international healthcare company, serving millions of customers worldwide. Key to our growth is, and always has been, being a diverse organisation, promoting an inclusive culture and workplace. We embrace our differences, as they make us stronger and reflect the needs of our customers. Becoming a signatory of the Charter underlines this commitment. We are also part of The 30% Club, which is a CEO sign-up campaign that aims to increase the number of women in senior roles, and earlier in the year we also joined INvolve, a corporate membership organisation committed to creating inclusive businesses.

Our initial commitment:

Through signing the Charter, we have committed to the following:

  • To exceed 35% female representation for both the Board and Senior Management on an ongoing basis.
  • To have one member of our Bupa Executive Team who is responsible and accountable for gender diversity and inclusion.
  • To publish annually on our website a report on Bupa’s performance and progress against our target.
  • To ensure the pay of the Bupa Executive Team is linked to performance and progress against our target.

Nigel Sullivan, Bupa’s Chief People Officer, said: “At Bupa we pride ourselves of being an inclusive organisation. With women currently making up 50% of our board and 41% of our executive team, we have strong female representation at every level of our organisation, right up to senior executives, and have surpassed Lord Davies’ recommendations of 33% female representation on boards for three years running. We are not complacent and we are committed to keep moving forward. Signing the Treasury’s Women in Finance Charter will help us focus our efforts to do more”.

Joy Linton, Bupa’s Chief Financial Officer, said: “I’m delighted we’ve joined this initiative which underlines our commitment to gender diversity. As the Charter says, a balanced workforce is good for business, for customers and our people.”

About Bupa

Bupa's purpose is helping people live longer, healthier, happier lives.

With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.

Health insurance accounts for the major part of our business with 16.7m customers and contributes around 75% of revenue. We operate clinics, dental centres and hospitals in some markets, with around 15m customers. We care for around 22,300 residents in our UK, Australia, New Zealand and Spain aged care businesses.

We directly employ around 80,000 people, principally in the UK, Australia, Spain, Poland, Chile, New Zealand, Hong Kong, Turkey, the US, Brazil, the Middle East and Ireland. We also have associate businesses in Saudi Arabia and India.

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