Andrea Ruckstuhl, Group Executive International
To truly live our purpose of creating places where communities thrive, we believe our workforce should be representative of those communities, and for everyone to feel they belong.
This report covers a period where we made significant changes to our operating model and reduced our UK headcount in line with our new business strategy.
Although our strategic direction and headcount has changed, our focus on diversity, equity and inclusion remains a key part of the DNA of our company and we continue to focus on achieving our diversity goals and maintaining an inclusive and psychologically safe culture for all.
During the reporting period we continued to make progress in reducing our average gender pay gap in the UK. Female representation was 31%, driven largely by the proportion of our people working in the Construction segment and the historic over-representation of men in the
Construction industry.
In May 2024 we announced our intention to divest our Construction segment in the UK. Following the completion of that sale, we anticipate female representation in our UK business to increase to 48%.
As we continue to focus on partnerships to bring forward our pipeline of development projects and grow our Investment Management platform, we believe our inclusive culture and approach will be a positive differentiator for our business and for partners, customers and stakeholders who will work with us in the future.
Andrea Ruckstuhl, Group Executive, International