{"id":11762,"date":"2023-08-31T16:26:39","date_gmt":"2023-08-31T14:26:39","guid":{"rendered":"https:\/\/lsfi.lu\/?page_id=11762"},"modified":"2026-04-02T11:44:24","modified_gmt":"2026-04-02T09:44:24","slug":"wif-charter","status":"publish","type":"page","link":"https:\/\/lsfi.lu\/de\/wif-charter\/","title":{"rendered":"WiF Charter"},"content":{"rendered":"[vc_row type=&#8220;full_width_background&#8220; full_screen_row_position=&#8220;middle&#8220; column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; bg_color=&#8220;#ffffff&#8220; bg_image=&#8220;11824&#8243; bg_position=&#8220;center top&#8220; background_image_loading=&#8220;default&#8220; bg_repeat=&#8220;no-repeat&#8220; scene_position=&#8220;center&#8220; top_padding=&#8220;14%&#8220; bottom_padding=&#8220;12%&#8220; text_color=&#8220;light&#8220; text_align=&#8220;left&#8220; row_border_radius=&#8220;none&#8220; row_border_radius_applies=&#8220;bg&#8220; 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row_position_tablet=&#8220;inherit&#8220; row_position_phone=&#8220;inherit&#8220; overflow=&#8220;visible&#8220; pointer_events=&#8220;all&#8220;][vc_column_inner column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; overflow=&#8220;visible&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/2&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; enable_animation=&#8220;true&#8220; animation=&#8220;reveal-from-bottom&#8220; animation_easing=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220; offset=&#8220;vc_col-lg-6 vc_col-md-6 vc_col-xs-12&#8243;][split_line_heading animation_type=&#8220;default&#8220;]\n<h2>Women in Finance Charter<\/h2>\n<h3>Enhancing gender diversity within the Luxembourg financial sector<\/h3>\n[\/split_line_heading][\/vc_column_inner][vc_column_inner column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; 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column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; text_align=&#8220;left&#8220; row_position=&#8220;default&#8220; row_position_tablet=&#8220;inherit&#8220; row_position_phone=&#8220;inherit&#8220; overflow=&#8220;visible&#8220; pointer_events=&#8220;all&#8220;][vc_column_inner column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;top-bottom&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; overflow=&#8220;visible&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/1&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; enable_animation=&#8220;true&#8220; animation=&#8220;fade-in-from-bottom&#8220; animation_easing=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][split_line_heading animation_type=&#8220;line-reveal-by-space&#8220; font_style=&#8220;h2&#8243; text_color=&#8220;#223983&#8243; line_reveal_by_space_text_effect=&#8220;default&#8220; content_alignment=&#8220;default&#8220; mobile_content_alignment=&#8220;inherit&#8220; link_target=&#8220;_self&#8220; text_content=&#8220;Why is ensuring gender diversity within the financial centre important?&#8220; max_width=&#8220;700&#8243;][\/split_line_heading][vc_column_text css=&#8220;.vc_custom_1720772118571{padding-right: 10% !important;}&#8220;]\n<p style=\"font-weight: 400;\">Given its significant size and global importance as a financial hub, Luxembourg and its financial services sector recognize their responsibility and ability to <span style=\"color: #0099ff;\"><strong>advance gender balance and diversity<\/strong><\/span>. The Grand Duchy\u2019s financial sector employs over 60,000 individuals. This figure represents almost 15% of the wage earners, making it one of the country\u2019s largest employers. Given this, Luxembourg\u2019s financial center possesses the unique capacity to act as a prominent influencer and to set <span style=\"color: #0099ff;\"><strong>important precedents on the pathway to gender balance<\/strong><\/span>.<\/p>\n<p style=\"font-weight: 400;\">Numerous studies have shown that female leadership, at all levels of a company, boosts financial performance, leads to greater employee satisfaction and is also instrumental in cultivating a robust and diverse talent pool. While Luxembourg boasts the EU\u2019s smallest gender pay gap, there is still substantial progress to be made in advancing the\u00a0<span style=\"color: #0099ff;\"><strong>presence of women<\/strong><\/span> in upper management and senior leadership roles.<\/p>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type=&#8220;in_container&#8220; full_screen_row_position=&#8220;middle&#8220; column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; bg_color=&#8220;#ffffff&#8220; scene_position=&#8220;center&#8220; text_color=&#8220;dark&#8220; text_align=&#8220;left&#8220; row_border_radius=&#8220;none&#8220; row_border_radius_applies=&#8220;bg&#8220; overflow=&#8220;visible&#8220; id=&#8220;what&#8220; overlay_strength=&#8220;1&#8243; gradient_direction=&#8220;left_to_right&#8220; shape_divider_position=&#8220;bottom&#8220; bg_image_animation=&#8220;none&#8220; shape_type=&#8220;&#8220; gradient_type=&#8220;default&#8220;][vc_column column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; column_position=&#8220;default&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/1&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; enable_animation=&#8220;true&#8220; animation=&#8220;fade-in-from-bottom&#8220; animation_easing=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][divider line_type=&#8220;No Line&#8220; custom_height=&#8220;80&#8243;][split_line_heading animation_type=&#8220;line-reveal-by-space&#8220; font_style=&#8220;h2&#8243; text_color=&#8220;#223983&#8243; line_reveal_by_space_text_effect=&#8220;default&#8220; content_alignment=&#8220;default&#8220; mobile_content_alignment=&#8220;inherit&#8220; link_target=&#8220;_self&#8220; text_content=&#8220;What is the Luxembourg Women in Finance Charter (WiF)?&#8220; max_width=&#8220;800&#8243;][\/split_line_heading][vc_row_inner column_margin=&#8220;none&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; text_align=&#8220;left&#8220; row_position=&#8220;default&#8220; row_position_tablet=&#8220;inherit&#8220; row_position_phone=&#8220;inherit&#8220; overflow=&#8220;visible&#8220; pointer_events=&#8220;all&#8220;][vc_column_inner column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;top-bottom&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; overflow=&#8220;visible&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/2&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][vc_column_text css=&#8220;.vc_custom_1705496309417{padding-right: 10% !important;}&#8220;]\n<p style=\"font-weight: 400;\">The Luxembourg Women in Finance Charter (&#8222;WiF Charter&#8220;) aims at promoting<strong><span style=\"color: #0099ff;\"> gender diversity<\/span>\u00a0<\/strong>within the\u00a0<span style=\"color: #0099ff;\"><strong>Luxembourg financial sector<\/strong><\/span>. It constitutes a commitment made by its Founders, signatory companies and representative entities to <span style=\"color: #0099ff;\"><strong>foster<\/strong><\/span>\u00a0increased\u00a0<span style=\"color: #0099ff;\"><strong>gender equality<\/strong><\/span>\u00a0and\u00a0<span style=\"color: #0099ff;\"><strong>inclusivity<\/strong><\/span>\u00a0across the Luxembourg financial services landscape. This initiative serves as a foundational framework to advance\u00a0<span style=\"color: #0099ff;\"><strong>women\u2019s involvement<\/strong>\u00a0<\/span>across all tiers of financial service organizations and representative bodies in Luxembourg.<\/p>\n<p style=\"font-weight: 400;\">The WiF Charter was introduced by the following founding members: The Luxembourg Bankers&#8216; Association (ABBL), Association of the Luxembourg Fund Industry (ALFI), the Association of Insurance and Reinsurance Companies (ACA), the Luxembourg Capital Markets Association (LuxCMA), Luxembourg Finance Labelling Agency (LuxFLAG) and the Luxembourg Stock Exchange (LuxSE), and is under the patronage of the Luxembourg <strong><span style=\"color: #0099ff;\">Ministry of Finance<\/span><\/strong>.<\/p>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; overflow=&#8220;visible&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/2&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][vc_column_text css=&#8220;.vc_custom_1732872180592{padding-right: 10% !important;}&#8220;]\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Charter was formally launched in the presence of the first signatories during a Ring the Bell Ceremony at LuxSE for International Women\u2019s Day on March 8, 2023.<\/span><\/p>\n<p style=\"font-weight: 400;\">The Charter establishes a set of actions to be followed by the signatories. For instance, each signatory commits to establish its own <span style=\"color: #0099ff;\"><strong>voluntary targets<\/strong><\/span> to increase gender parity at the most senior level of their organisations.<\/p>\n<p style=\"font-weight: 400;\">The Charter is open to a wide spectrum of\u00a0<span style=\"color: #0099ff;\"><strong>financial institutions<\/strong><\/span>, including banks, asset management firms, and insurance companies, among others.<\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">On yearly basis, the Charter founders and the Luxembourg Sustainable Finance Initiative (LSFI) <span lang=\"EN-US\">the Luxembourg <\/span>coordinating entity <span lang=\"EN-US\">on sustainable finance<\/span> <span lang=\"EN-US\">and<\/span> the <span lang=\"EN-US\">WiF <\/span>Charter <span lang=\"EN-US\">Founders\u2019 data partner<\/span>, will publish an <\/span><span style=\"color: #0099ff;\"><strong>annual progress report<\/strong><\/span><span style=\"font-weight: 400;\"> of the Charter\u2019s signatories. <span lang=\"EN-US\">Each year in March, the WiF Charter Annual Report is published, offering a comprehensive overview of the representation of Women in Luxembourg\u2019s financial sector.<\/span><\/span><\/p>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][divider line_type=&#8220;No Line&#8220; custom_height=&#8220;80&#8243;][vc_row_inner column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; text_align=&#8220;left&#8220; row_position=&#8220;default&#8220; row_position_tablet=&#8220;inherit&#8220; row_position_phone=&#8220;inherit&#8220; overflow=&#8220;visible&#8220; pointer_events=&#8220;all&#8220; el_id=&#8220;whatdoesitmean&#8220;][vc_column_inner column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; overflow=&#8220;visible&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/1&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][split_line_heading animation_type=&#8220;line-reveal-by-space&#8220; font_style=&#8220;h2&#8243; text_color=&#8220;#223983&#8243; line_reveal_by_space_text_effect=&#8220;default&#8220; content_alignment=&#8220;default&#8220; mobile_content_alignment=&#8220;inherit&#8220; link_target=&#8220;_self&#8220; text_content=&#8220;What does it mean to become a signatory organisation?&#8220; max_width=&#8220;800&#8243;][\/split_line_heading][divider line_type=&#8220;No Line&#8220; custom_height=&#8220;30&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type=&#8220;in_container&#8220; full_screen_row_position=&#8220;middle&#8220; column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; bg_color=&#8220;#ffffff&#8220; scene_position=&#8220;center&#8220; bottom_padding=&#8220;0&#8243; text_color=&#8220;dark&#8220; text_align=&#8220;left&#8220; row_border_radius=&#8220;none&#8220; row_border_radius_applies=&#8220;bg&#8220; overflow=&#8220;visible&#8220; overlay_strength=&#8220;1&#8243; gradient_direction=&#8220;left_to_right&#8220; shape_divider_position=&#8220;bottom&#8220; bg_image_animation=&#8220;none&#8220; shape_type=&#8220;&#8220; gradient_type=&#8220;default&#8220;][vc_column column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; column_position=&#8220;default&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;2\/3&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; enable_animation=&#8220;true&#8220; animation=&#8220;fade-in-from-bottom&#8220; animation_easing=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][vc_column_text]\n<p style=\"font-weight: 400;\">By formally endorsing the WiF Charter, financial enterprises affirm their <span style=\"color: #0099ff;\"><strong>commitment<\/strong><\/span> to <span style=\"color: #0099ff;\"><strong>fostering gender balance and diversity<\/strong><\/span>\u00a0within the financial centre and advocating for <span style=\"color: #0099ff;\"><strong>increased female representation<\/strong><\/span> at all levels.<\/p>\n<p style=\"font-weight: 400;\">In particular, signatory organizations undertake the following key actions referred to as the Charter\u2019s Pillars:<\/p>\n<ul>\n<li>Promoting the progression of <strong><span style=\"color: #0099ff;\">women at all levels<\/span><\/strong>, including at senior and board levels;<\/li>\n<li>Appointing an Accountable Executive (AE) who is responsible and accountable for <span style=\"color: #0099ff;\"><strong>gender diversity and inclusion<\/strong><\/span>;<\/li>\n<li>Setting <span style=\"color: #0099ff;\"><strong>internal targets<\/strong><\/span> and action plans which will be integrated into the firm\u2019s goals;<\/li>\n<li>Supporting <span style=\"color: #0099ff;\"><strong>transparency<\/strong><\/span> by publicly reporting on progress against these targets annually on the firm\u2019s website.<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">Following those actions, the signatories will report on a yearly basis on their advancement status with regard to the targets they have set the previous year.<\/p>\n<p style=\"font-weight: 400;\">By fulfilling these actions, signatory organizations <span style=\"color: #0099ff;\"><strong>collectively contribute<\/strong><\/span> to advancing gender balance and inclusivity in the Luxembourg financial sector, driving <span style=\"color: #0099ff;\"><strong>meaningful change<\/strong><\/span>, and <span style=\"color: #0099ff;\"><strong>fostering transparency<\/strong><\/span>.<\/p>\n[\/vc_column_text][divider line_type=&#8220;No Line&#8220; custom_height=&#8220;15&#8243;][\/vc_column][vc_column column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; column_position=&#8220;default&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/3&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][divider line_type=&#8220;No Line&#8220; custom_height=&#8220;10&#8243;][nectar_btn size=&#8220;medium&#8220; button_style=&#8220;regular&#8220; button_color_2=&#8220;Extra-Color-1&#8243; icon_family=&#8220;fontawesome&#8220; text=&#8220;Access the WiF Charter 2025 Report&#8220; url=&#8220;https:\/\/lsfi.lu\/wp-content\/uploads\/2026\/03\/20260305_WiF-Charter-progress-report-2025.pdf&#8220;][nectar_btn size=&#8220;medium&#8220; open_new_tab=&#8220;true&#8220; button_style=&#8220;regular&#8220; button_color_2=&#8220;Extra-Color-1&#8243; icon_family=&#8220;fontawesome&#8220; text=&#8220;Access the WiF Charter 2024 Report&#8220; url=&#8220;https:\/\/lsfi.lu\/wp-content\/uploads\/2025\/03\/WiF-Charter-Report-2024.pdf&#8220;][nectar_btn size=&#8220;medium&#8220; open_new_tab=&#8220;true&#8220; button_style=&#8220;regular&#8220; button_color_2=&#8220;Extra-Color-1&#8243; icon_family=&#8220;fontawesome&#8220; text=&#8220;Access the WiF Charter 2023 Report&#8220; url=&#8220;https:\/\/lsfi.lu\/wp-content\/uploads\/2024\/03\/20240308-Lux-WiF-Charter-Report-2.pdf&#8220;][nectar_btn size=&#8220;medium&#8220; open_new_tab=&#8220;true&#8220; button_style=&#8220;regular&#8220; button_color_2=&#8220;Extra-Color-1&#8243; icon_family=&#8220;fontawesome&#8220; text=&#8220;Access the WiF Charter&#8220; url=&#8220;https:\/\/lsfi.lu\/wp-content\/uploads\/2023\/09\/women-in-finance-charter-pledge.pdf&#8220;][nectar_btn size=&#8220;medium&#8220; open_new_tab=&#8220;true&#8220; button_style=&#8220;regular&#8220; button_color_2=&#8220;Extra-Color-1&#8243; icon_family=&#8220;fontawesome&#8220; text=&#8220;Access the WiF Charter list of signatories&#8220; url=&#8220;https:\/\/lsfi.lu\/signatories-of-the-luxembourg-women-in-finance-charter\/&#8220;][nectar_btn size=&#8220;medium&#8220; open_new_tab=&#8220;true&#8220; button_style=&#8220;regular&#8220; button_color_2=&#8220;Extra-Color-1&#8243; icon_family=&#8220;fontawesome&#8220; text=&#8220;Access the WiF Charter Guidelines&#8220; 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full_screen_row_position=&#8220;middle&#8220; column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; bg_color=&#8220;#ffffff&#8220; scene_position=&#8220;center&#8220; bottom_padding=&#8220;0&#8243; text_color=&#8220;dark&#8220; text_align=&#8220;left&#8220; row_border_radius=&#8220;none&#8220; row_border_radius_applies=&#8220;bg&#8220; overflow=&#8220;visible&#8220; id=&#8220;Q&amp;A&#8220; overlay_strength=&#8220;1&#8243; gradient_direction=&#8220;left_to_right&#8220; shape_divider_position=&#8220;bottom&#8220; bg_image_animation=&#8220;none&#8220; shape_type=&#8220;&#8220; gradient_type=&#8220;default&#8220;][vc_column column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; column_position=&#8220;default&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/2&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][divider line_type=&#8220;No Line&#8220; custom_height=&#8220;30&#8243;][split_line_heading animation_type=&#8220;line-reveal-by-space&#8220; font_style=&#8220;h2&#8243; text_color=&#8220;#003366&#8243; line_reveal_by_space_text_effect=&#8220;default&#8220; content_alignment=&#8220;default&#8220; mobile_content_alignment=&#8220;inherit&#8220; link_target=&#8220;_self&#8220; text_content=&#8220;Q&amp;A&#8220;][\/split_line_heading][toggles style=&#8220;default&#8220; border_radius=&#8220;none&#8220;][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;Who can become a signatory of the WiF Charter?&#8220;][vc_column_text]\n<p style=\"font-weight: 400;\">The WiF Charter applies to its Founders and is open to all regulated financial services firms operating in Luxembourg, including but not limited to credit institutions, investment funds, insurance companies, management companies, investment firms, and Professionals of the Financial or the Insurance Sector (<a href=\"https:\/\/www.cssf.lu\/en\/specialised-pfs\/\">PSF<\/a> or <a href=\"https:\/\/www.caa.lu\/fr\/operateurs\/psa\/professionnels-du-secteur-des-assurances\">PSA)<\/a>.<\/p>\n[\/vc_column_text][vc_column_text][\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;How do I become a signatory?&#8220;][vc_column_text]\n<p style=\"font-weight: 400;\">To become a signatory the organisation has to fill out <span style=\"color: #003366;\"><a style=\"color: #003366;\" href=\"https:\/\/lsfi.lu\/wp-content\/uploads\/2023\/09\/women-in-finance-charter-pledge.pdf\"><strong>this form<\/strong><\/a><\/span> and submit the application to the LSFI team: <span style=\"color: #003366;\"><strong><a style=\"color: #003366;\" href=\"&#x6d;a&#x69;&#108;&#x74;&#111;:&#x77;&#111;&#x6d;&#101;n&#x69;&#110;&#x66;&#105;n&#x61;n&#x63;&#101;&#x63;&#x68;a&#x72;&#116;&#x65;&#114;&#64;&#x6c;&#115;&#x66;&#105;&#46;&#x6c;u\">&#x77;&#x6f;&#x6d;&#x65;&#x6e;&#x69;&#x6e;&#x66;&#x69;&#x6e;&#x61;&#x6e;&#x63;&#x65;&#x63;&#x68;&#x61;&#x72;&#x74;&#x65;&#x72;&#x40;&#108;&#115;&#102;&#105;&#46;&#108;&#117;<\/a><\/strong><\/span><\/p>\n<p style=\"font-weight: 400;\">Submission of the form indicates CEO\/Senior Luxembourg Representative approval from the joining party for signing up to the Charter. Within a couple of weeks, the LSFI team will provide the organisation with all the necessary information and guidelines.<\/p>\n[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;Whom should I contact if I need assistance?&#8220;][vc_column_text]\n<p style=\"font-weight: 400;\">Any organisation that requires assistance can contact the LSFI at the following email address: <strong><span style=\"color: #003366;\"><a style=\"color: #003366;\" href=\"&#x6d;&#x61;&#x69;&#x6c;&#x74;&#x6f;&#x3a;&#x77;&#x6f;&#x6d;&#x65;&#110;&#105;&#110;&#102;&#105;&#110;&#97;ncecha&#x72;&#x74;&#x65;&#x72;&#x40;&#x6c;&#x73;&#x66;&#x69;&#x2e;&#x6c;&#x75;\">&#119;&#111;&#x6d;&#x65;&#110;&#105;&#x6e;&#x66;&#105;&#110;&#x61;&#x6e;&#99;&#101;&#x63;&#x68;&#97;&#114;&#x74;&#x65;&#114;&#64;&#x6c;&#x73;&#102;&#105;&#x2e;&#x6c;&#117;<\/a><\/span><\/strong><\/p>\n[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;What and when do I need to report?&#8220;][vc_column_text]For 2025, WiF Charter signatories will receive a data collection request on 15th September 2025, in which they will be asked to fill the Charter signatory questionnaire. They will have until 14th November to return the completed questionnaire.<\/p>\n<p style=\"font-weight: 400;\">Signatory organisations will have the option to choose their yearly <span style=\"color: #003366;\"><strong>metrics date<\/strong><\/span>, which refers to the firm\u2019s situation of the year, between 1st January 2025 and 30th August 2025. For example, if you choose the 25th of June of this year as your metric date, in the data collection campaign, you should provide the situation in your firm (i.e. count of employees at different seniority levels) on that date.<\/p>\n<p style=\"font-weight: 400;\">As per the Charter commitments, signatories should set a <span style=\"color: #003366;\"><strong>headline numerical target<\/strong> <\/span>(e.g. 30%) for female representation at different seniority levels for a defined year. This must include a target year and possibly a timeframe (1-3-5 years) with optional ad interim target(s) to reach the final target that has been set.<\/p>\n[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;Are there any mandatory targets to set?&#8220;][vc_column_text]No, each signatory is free to choose its own targets. If you were already a signatory, you can either provide the target set last year or update it, if there have been any changes.<\/p>\n<p style=\"font-weight: 400;\">At least one of the following Targets <u>is mandatory<\/u>: Board level, Executive Committee \/ C-suite and at Senior Management level.<\/p>\n<p style=\"font-weight: 400;\">The following Targets <u>are optional (not mandatory)<\/u>: Headline targets for middle\/junior management and interim targets at all levels are optional.<\/p>\n<p><span style=\"font-weight: 400;\">Please note targets can be conservative, as you can also work on maintaining your current situation.<\/span>[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;How long does the endorsement last? (E.g., Do I need to formally renew my commitment every year, how do I keep my signatory status?)&#8220;][vc_column_text]The endorsement doesn\u2019t have an expiration date and signatories set their own target and timeframe by which they intend to achieve the target in question. However, signatories are asked to report annually on the metrics and progress made towards achieving objectives and targets. \u00a0Therefore if a signatory organisation fails to report once, it will lose its signatory status and will be removed from the Charter\u2019s list.[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;When can I become a signatory (e.g., is it open anytime during the year)?&#8220;][vc_column_text]An organisation can become a signatory at anytime during the year.<\/p>\n<p style=\"font-weight: 400;\">New Charter signatories that join before 30th September of each year are included in that year\u2019s data collection and report.<\/p>\n<p style=\"font-weight: 400;\">Signatories joining between 1st October and the annual report publication date will be included in the new joiners list of the Charter&#8217;s annual report, however, they will start reporting the following year.<\/p>\n[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;How will progress be reported and managed?&#8220;][vc_column_text]To facilitate the reporting process, the WiF Charter\u2019s founders have designated the Luxembourg Sustainable Finance Initiative (LSFI) <span lang=\"EN-US\">the Luxembourg <\/span>coordinating entity <span lang=\"EN-US\">on sustainable finance<\/span> <span lang=\"EN-US\">as<\/span> the <span lang=\"EN-US\">WiF <\/span>Charter <span lang=\"EN-US\">Founders\u2019 data partner<\/span>. The LSFI will also oversee coordination with the Steering Committee composed of the Charter\u2019s founding members (ABBL, ACA, ALFI, \u00a0LuxCMA, LuxFLAG and LuxSE) and will take charge of directing and managing the reporting process. This streamlined approach guarantees a unified and centralized method for all signatory organisations.[\/vc_column_text][\/toggle][\/toggles][divider line_type=&#8220;No Line&#8220; custom_height=&#8220;40&#8243;][\/vc_column][vc_column column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; column_position=&#8220;default&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/2&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][divider line_type=&#8220;No Line&#8220; custom_height=&#8220;100&#8243;][toggles style=&#8220;default&#8220; border_radius=&#8220;none&#8220;][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;Where can I find the annual progress report?&#8220;][vc_column_text]The LSFI discloses on yearly basis a WiF progress report by the end of Q1 with the data referring to the previous year. The report is available on the LSFI webpage <a href=\"https:\/\/lsfi.lu\/de\/wif-charter\/#signatory\">here<\/a>.[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;How will the data be disclosed? (E.g. Aggregated report, the targets of each signatory will be publicly available)&#8220;][vc_column_text]As stated in the Pillars and in the WiF Charter Guidelines, signatory organisations must support transparency by publicly and annually reporting their progress against the set targets. It will be considered good practice for signatories to include a Women in Finance section in their Annual Report. The LSFI will publish an aggregated and anonymised annual report covering signatories&#8216; progress against the targets they set forth. The report is available on the LSFI webpage <a href=\"https:\/\/lsfi.lu\/de\/wif-charter\/#signatory\">here<\/a>.[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;The seniority levels within my organisation don\u2019t exactly match the categories provided in the data collection campaign. How should the different seniority levels be reflected?&#8220;][vc_column_text]There are no specific criteria that define what should fall under, for example, C-level executives versus Senior Managerial roles. Organisations can use seven different seniority levels (board; executive committee; senior management; middle and junior management; and other staff) and categorize according to what fits best. It is key to avoid double counting.<\/p>\n<p style=\"font-weight: 400;\">While these levels may not map directly onto organisations\u2019 in-house hierarchical nomenclature, they provide a means of comparison across all signatories.<\/p>\n<p style=\"font-weight: 400;\">Relative to the definition of \u201csenior management\u201d, employees in middle management and junior management roles were identified as one level below or two levels below senior management level, respectively.<\/p>\n<p style=\"font-weight: 400;\">Relative to the definition of \u201cOther\u201d, were defined as employees with non-managerial responsibilities.<\/p>\n[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;How do we count Board Members based outside of Luxembourg?&#8220;][vc_column_text]Board members based abroad should be accounted for and the targets should also reflect that.<\/p>\n<p style=\"font-weight: 400;\">When it comes to the employee count, this must be on the workforce working for the Luxembourg-based branch office irrespective of the residency of the employee.<\/p>\n[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;Should employees working abroad for the Luxembourgish entity be counted?&#8220;][vc_column_text]\n<div><span lang=\"EN-US\">No. The Luxembourg Women in Finance Charter represents the Luxembourg financial sector and its employees. To determine whether an employee should be counted in the WiF statistics, the key criterion is whether he \/ she is on the payroll of the Luxembourg branch. If so, they can be included.<\/span><\/div>\n[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;How should signatories treat their subsidiaries in the framework of the WiF Charter?&#8220;][vc_column_text]\n<p style=\"font-weight: 400;\">Groups may choose to consolidate their subsidiaries in their target setting as long as those subsidiaries are located in Luxembourg.<\/p>\n[\/vc_column_text][\/toggle][toggle color=&#8220;Extra-Color-3&#8243; heading_tag=&#8220;default&#8220; heading_tag_functionality=&#8220;default&#8220; title=&#8220;How can The Diversity Charter L\u00ebtzebuerg and the WiF Charter coexist?&#8220;][vc_column_text]\n<p style=\"font-weight: 400;\"><span lang=\"EN-US\">Although with distinct targets and actions, both Charters share the goal of enhancing and embracing increased diversity and inclusion within organizations, at all levels. While the Diversity Charter L\u00ebtzebuerg has a broader scope covering the EU non-discrimination criteria and beyond, across multiple sectors, the WiF Charter takes a focused approach, concentrating its efforts on achieving gender parity in Luxembourg&#8217;s financial sector.<\/span><span lang=\"EN-US\"><br \/>\nFor this reason, they are complementary.<\/span>[\/vc_column_text][\/toggle][\/toggles][vc_row_inner column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; text_align=&#8220;left&#8220; row_position=&#8220;default&#8220; row_position_tablet=&#8220;inherit&#8220; row_position_phone=&#8220;inherit&#8220; overflow=&#8220;visible&#8220; pointer_events=&#8220;all&#8220;][vc_column_inner column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; 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text_align=&#8220;left&#8220; row_border_radius=&#8220;none&#8220; row_border_radius_applies=&#8220;bg&#8220; overflow=&#8220;visible&#8220; id=&#8220;GFTF&#8220; overlay_strength=&#8220;0.3&#8243; gradient_direction=&#8220;left_to_right&#8220; shape_divider_position=&#8220;bottom&#8220; bg_image_animation=&#8220;none&#8220; shape_type=&#8220;&#8220; gradient_type=&#8220;default&#8220;][vc_column column_padding=&#8220;padding-7-percent&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color=&#8220;#f0f5f9&#8243; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; column_position=&#8220;default&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;7\/12&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][split_line_heading animation_type=&#8220;line-reveal-by-space&#8220; font_style=&#8220;h2&#8243; text_color=&#8220;#223983&#8243; line_reveal_by_space_text_effect=&#8220;default&#8220; content_alignment=&#8220;default&#8220; mobile_content_alignment=&#8220;inherit&#8220; link_target=&#8220;_self&#8220; text_content=&#8220;The Gender Finance Task Force (GFTF)&#8220; max_width=&#8220;500&#8243;][\/split_line_heading][vc_row_inner column_margin=&#8220;none&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; 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overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/1&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220; offset=&#8220;vc_col-lg-11 vc_col-md-11 vc_col-xs-12&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; text_align=&#8220;left&#8220; row_position=&#8220;default&#8220; row_position_tablet=&#8220;inherit&#8220; row_position_phone=&#8220;inherit&#8220; overflow=&#8220;visible&#8220; pointer_events=&#8220;all&#8220;][vc_column_inner column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; overflow=&#8220;visible&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/1&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; enable_animation=&#8220;true&#8220; animation=&#8220;reveal-from-left&#8220; animation_easing=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220; offset=&#8220;vc_col-lg-11 vc_col-md-11 vc_col-xs-12&#8243;]<div class=\"nectar-fancy-ul\" data-list-icon=\"dot\" data-animation=\"false\" data-animation-delay=\"0\" data-spacing=\"20px\" data-alignment=\"left\"> \n<p style=\"font-weight: 400;\">Launched in 2023, the primary objective of the GFTF is to <span style=\"color: #003366;\"><strong>actively promote <\/strong><span style=\"color: #000000;\">and <\/span><strong>advance gender finance within the Luxembourg financial centre<\/strong><\/span>. This undertaking highlights the increasing significance of gender finance, both nationally and in the wider context of sustainable finance globally.<\/p>\n<p style=\"font-weight: 400;\">The GFTF\u2019s mission is to <span style=\"color: #003366;\"><strong>identify key opportunities<\/strong><\/span> and <strong><span style=\"color: #003366;\">foster initiatives that drive progress in both &#8222;finance for women&#8220; and &#8222;women in finance&#8220;<\/span><\/strong>. The GFTF works to develop sector-wide strategies, enabling actors in the Luxembourg financial centre to implement gender-focused financial solutions independently or in collaboration with public and private entities.<\/p>\n<p style=\"font-weight: 400;\">The GFTF is composed of a diverse group of high-level financial sector representatives and is <strong><span style=\"color: #003366;\">chaired by the Ministry of Finance<\/span><\/strong>. It is supported by<strong><span style=\"color: #003366;\">\u00a07 working groups, each chaired by senior management from the financial sector:<\/span><\/strong> <span style=\"color: #003366;\">Data on Women in Finance; Mentorship, Sponsorship and Career Development; Education; Events, Communication, and Talents; Definitions, Standards, and Labels; Innovation and Acceleration; Gender Intelligent Products and Services for Women.<\/span><\/p>\n<p style=\"font-weight: 400;\">The working group on Data on Women in Finance is chaired by the LSFI and is supplied with data from the WiF Charter.<\/p>\n <\/div>[nectar_btn size=&#8220;small&#8220; open_new_tab=&#8220;true&#8220; button_style=&#8220;regular&#8220; button_color_2=&#8220;Accent-Color&#8220; icon_family=&#8220;none&#8220; text=&#8220;Access the Gender Finance Task Force&#8220; url=&#8220;https:\/\/gender-finance.com&#8220;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; 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phone_text_alignment=&#8220;default&#8220; background_color=&#8220;#f0f5f9&#8243; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; column_position=&#8220;default&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;7\/12&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;][split_line_heading animation_type=&#8220;line-reveal-by-space&#8220; font_style=&#8220;h2&#8243; text_color=&#8220;#223983&#8243; line_reveal_by_space_text_effect=&#8220;default&#8220; content_alignment=&#8220;default&#8220; mobile_content_alignment=&#8220;inherit&#8220; link_target=&#8220;_self&#8220; text_content=&#8220;The Diversity Charter L\u00ebtzebuerg &#8211; IMS&#8220; max_width=&#8220;500&#8243;][\/split_line_heading][vc_row_inner column_margin=&#8220;none&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; bottom_padding=&#8220;10&#8243; text_align=&#8220;left&#8220; row_position=&#8220;default&#8220; row_position_tablet=&#8220;inherit&#8220; row_position_phone=&#8220;inherit&#8220; overflow=&#8220;visible&#8220; pointer_events=&#8220;all&#8220;][vc_column_inner column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; overflow=&#8220;visible&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/1&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220; offset=&#8220;vc_col-lg-11 vc_col-md-11 vc_col-xs-12&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; text_align=&#8220;left&#8220; row_position=&#8220;default&#8220; row_position_tablet=&#8220;inherit&#8220; row_position_phone=&#8220;inherit&#8220; overflow=&#8220;visible&#8220; pointer_events=&#8220;all&#8220;][vc_column_inner column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; overflow=&#8220;visible&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/1&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; enable_animation=&#8220;true&#8220; animation=&#8220;reveal-from-left&#8220; animation_easing=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220; offset=&#8220;vc_col-lg-11 vc_col-md-11 vc_col-xs-12&#8243;]<div class=\"nectar-fancy-ul\" data-list-icon=\"dot\" data-animation=\"false\" data-animation-delay=\"0\" data-spacing=\"20px\" data-alignment=\"left\"> \n<p style=\"font-weight: 400;\">The Diversity Charter L\u00ebtzebuerg is a national commitment text proposed for signature to any organisation in Luxembourg wishing to commit to diversity promotion and management through concrete actions that go beyond legal. <span lang=\"EN-US\">Seven privilege partners, the Ministry for Gender Equality and Diversity, Deutsche Bank, Caceis Investor Services, HSBC Luxembourg, Linklaters, PwC and Sodexo, support the Charter, alongside IMS Luxembourg, as the driving force. <\/span>With its foundation in 6 articles, the Charter steers organisations in the implementation of practices that promote cohesion and social equity through networks, workshops and conferences, involving all their employees and partners. More details on the Diversity Charter L\u00ebtzebuerg can be found <a href=\"https:\/\/chartediversite.lu\/en\/\">here<\/a>.<\/p>\n<p style=\"font-weight: 400;\"><a href=\"http:\/\/www.imslux.lu\/eng\">IMS &#8211; Inspiring More Sustainability<\/a> &#8211; is a non-profit organization, and Luxembourg\u2019s leading network for Sustainable Development. IMS&#8216; mission is to inspire responsible strategies and practices among national economic actors. 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