IA LAUNCHES THE EQUITY, DIVERSITY & INCLUSION DATA SURVEY
Today, the Investment Association in collaboration with the Thinking Ahead Institute launched the IA Equity, Diversity and Inclusion Data Survey 2022, our campaign to gather richer data on EDI across the investment management industry. The survey aims to provide us with a more detailed overview of the demographic makeup of the UK investment management industry.
As investment managers ramp up efforts to promote inclusive work environments and to attract and retain a diverse workforce, the FCA is also calling on firms to collect more robust data to demonstrate progress on EDI. It is well documented that effective EDI strategies rely on a sound data-driven approach. The IA believes that it is critical to provide an evidence-based understanding of the EDI landscape to better represent the customers we serve and to future-proof our industry.
An aggregated set of data would allow investment management firms to benchmark their journey against the wider industry whilst also gaining a better understanding of how they can drive forward meaningful change. The FCA has also been clear on their expectation for more robust data collection, and we anticipate this being articulated in their upcoming Consultation Paper on diversity and inclusion.
Our findings will be published in a report later this year, which will analyse EDI at UK investment management firms across different levels of seniority and business functions. In the spirit of ‘what we can measure, we can improve’, your contributions as members of the investment management industry are vital to the success of this valuable initiative.
To learn more about the survey, join us for our IA Webinar: Equity, Diversity & Inclusion Data Survey - Overview and Q&A on Thursday 11 May, you can register for the webinar here.
The deadline for responses is June 7th and if you’d like more information, please contact Shrena Fraser Johnson [email protected].