Report finds investment industry has made 'limited progress' on diversity data collection

Research by LGBT Great, the Diversity Project and Nicsa

The investment industry is struggling to collect data on diversity and inclusion, even though awareness and commitment to this issue is growing, according to a new report published by LGBT Great, the Diversity Project and Nicsa and supported by EY.

The report, entitled Holding Up the Mirror: Diversity Data in the Investment, Wealth Management and Savings Industry, revealed that while 80% of HR leaders from the industry believe that collecting diversity data should be a priority for their firm in 2021, just 20% think their firm is doing so successfully. As a result, the joint report is calling for urgent action to solve this issue and sets out a number of recommendations on what organisations can do to accelerate progress. Matt Cameron, global managing director at LGBT Great, said: "The investment, wealth management and savings i...