The AAT has become the first accountancy body to sign the Women in Finance Charter, which is designed to help achieve gender balance in the financial services industry.
The charter was published by the Treasury in March 2016, with signatories committing to supporting the progression of women into senior roles, and promoting gender diversity, the AAT said.
Women currently account for over 66% of the AAT’s members worldwide, and the institute has previously released a whitepaper addressing the gender pay gap following a roundtable event discussing the issue.
Olivia Hill, chief HR officer at AAT, said: “We are proud to be the first accountancy body to have signed the Women in Finance Charter. AAT has been at the very heart of encouraging gender diversity across the accountancy and finance profession and through signing, we are demonstrating our ongoing commitment to this important cause.”
Baroness Neville-Rolfe, commercial secretary to the Treasury, said: “I know how difficult it can be for a woman to get the recognition she deserves and achieve her potential. And in financial services particularly, women progress too slowly or they leave the sector completely.
“We have made a strong start – the first anniversary of the Women in Finance Charter sees 122 firms seizing the competitive advantage by tackling sex inequality head on.
“But this is just the beginning. The financial industry is famed for its ability to identify opportunities to improve productivity. The Women in Finance Charter is one of those opportunities. It offers the chance to increase diversity of thought and for the financial services sector to better reflect the society it serves. This is why I encourage firms across the UK to step up and sign the charter.”