Investa recognises the importance of maintaining a diverse, inclusive workforce that harnesses diversity by ensuring that the way we do business and make decisions is representative of our stakeholders and the broader community. We understand that a diverse workforce improves operational and commercial performance, contributes to investor value and delivers better outcomes for our customers. Fostering an inclusive workplace culture is also key to attracting, engaging and retaining a talented and diverse workforce to support delivery of our strategic objectives.
As part of our commitment to diversity, in 2016 Investa set a workforce gender composition target applicable to all managerial and professional roles across the Group, targeting a 40:40:20 gender balance (40% female, 40% male, 20% variable) at each level. This target was set in response to the industry-wide focus on driving greater female participation at senior management levels of organisations, given the clear research link between gender-balanced leadership teams and strong, sustainable financial business performance. This target remained in place throughout FY18 and was linked to short-term incentive compensation outcomes for all executives and employees. Pleasingly, Investa was once again able to achieve this target in 4 out of 5 role categories, with the remaining category (key management personnel) within striking distance at 36.36%