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ARTICLE · 08 MARCH 2018

Ethnic Diversity Targets

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Two of Britain's biggest banks (Lloyds Banking Group and the Royal Bank of Scotland) have publicly declared ethnic diversity targets for senior management roles and the workforce as a whole.

United KingdomEmployment and HR
Elise Turner
Elise Turner
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Two of Britain's biggest banks (Lloyds Banking Group and the Royal Bank of Scotland) have publicly declared ethnic diversity targets for senior management roles and the workforce as a whole.

Lloyds Banking Group (LBG) is targeting at least 8% of senior management roles and 10% of the total workforce to be represented by Black, Asian and Minority Ethnic (BAME) employees by 2020. Currently, BAME employees account for 5.6% of senior management roles and 8.3% of the total workforce within LBG.

The Royal Bank of Scotland (RBS) is targeting at least 14% of employees in leadership roles to be represented by BAME employees by 2025. Currently, BAME employees account for only 4% of RBS's top three leadership layers and 8% of the top 4,000 roles.

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