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Inclusion and Diversity at Novuna

Novuna is committed to achieving an inclusive and diverse workplace where everybody is treated with dignity and respect by opposing all forms of discrimination, creating a safe, welcoming environment where everyone can share and believe in our values, vision, and promises.

We enable our peoples potential

We invest in our people and encourage colleagues to grow and develop their careers at Novuna. 26% of roles were filled internally in 2022/23.

Employee engagement is key

In our latest annual survey of all employees, 91.2% would recommend Novuna as a great place to work.

We are an inclusive employer

In recognition of our flexible working practices and development initiatives, we’ve been named as one of the top 50 most inclusive employers for the fourth year running.

Charters and Commitments

Our business has signed up to a number of industry charters to drive our commitments and demonstrate accountability to equality and diversity.

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Women in Finance Charter

We’re committed to achieving greater gender balance in our senior management team and proud to sign up in June 2022, to the Government backed Women in Finance Charter, a pledge to improve gender diversity across the financial services industry.  Novuna has set a three-year target to increase female senior leadership (Grade 5 and above) 35% by FY2025/26.

As of September 2023, we had 32.5% women in senior management positions, up from a figure of 27.5% in 2021 to demonstrate our progress over the past two years.

To ensure we maintain momentum in actively supporting female progression into senior positions with a more inclusive talent pipeline, we’re implementing several initiatives.

We’re opening pathways and building a more gender-balanced workforce by removing any barriers that may exist and by enhancing our succession and talent planning programmes to increase the number of internal promotions.

We will continue to report our progress annually against these targets on our website to ensure we are delivering long lasting change.

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Race at Work Charter

We’re committed to improving equality of opportunity.  Working on seven Commitments, our efforts so far include appointing an Executive Sponsor for race, supporting race inclusion allies in the workplace and implementing processes to include diversity in the Company’s supply chain.

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Disability Confident

As a visible statement of our commitment to provide an inclusive workplace for all disabled people, we joined ‘Disability Confident’ at Level One confirming our intent to implement six steps to ensure that Novuna improves equality of opportunity.

We’ve also put in place initiatives to promote a stronger gender balance, including our Mentoring Circles Programme and Women’s Inclusion Network but we recognise more needs to be done, which is why we signed up to the Charter.

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LGBT Great

Through our commitment to providing support to all our colleagues so they feel safe and welcome, irrespective of their sexual orientation and / or gender identity, we’ve partnered with LGBT Great to develop valuable insights, drive new initiatives, and empower our colleagues.

LGBT Great specialises in helping organisations in the financial services industry become authentically inclusive, working with over 50 organisations globally, comprising over 450,000 colleagues.

They drive support for LGBT standards and frameworks, providing unique access to mentoring and training opportunities, with a wide range of events and tools to enable positive cultural change.

Gender Pay Gap Report 2023

Read more about our work to achieving greater gender balance in our latest Gender Pay Gap Report.

Gender Pay Gap Report 2023

Colleague communities

Run by our colleagues, for our colleagues, Novuna’s communities are a place for our people to have conversations, share information and make a difference through activities and fundraising. At the moment, these include:

  • PRISM for all colleagues, regardless of sexual orientation or gender identity, who are interested or involved in the LGBTQ+ community.
  • Multicultural Community increasing understanding and awareness of different religions, cultures and ethnicities, to help make Novuna more inclusive for everyone.
  • Women’s Inclusion Network (WIN) creates a culture of inclusion that removes barriers and supports female development, empowerment, and growth.
  • Colleague Ability Network (CAN) building a culture where people with disabilities are embraced, encouraged, and empowered to realise their potential.
  • Wellbeing Community supporting employees to lead healthy and fulfilling lives, inside and outside of work, focusing on mental and emotional, physical health and financial wellbeing.