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9:30 am - 10:30 amEquity, diversity and inclusion at BGF
At BGF, we recognise the critical role of equity, diversity and inclusion (EDI) in our mission of creating sustainable business growth.
We believe diverse viewpoints make for better solutions and are essential in driving greater innovation, both for us and our investee companies.
We seek to create inclusive and equitable environments where everyone can flourish, regardless of their gender, ethnicity, nationality, faith, disability, age, socioeconomic background, gender identity or sexual orientation.
BGF has 190 staff, working across 16 regional offices. It’s essential that we are representative of the communities we’re operating in. We’re committed to improving representation as an organisation and among the portfolio companies we invest into.
Our Diversity Action Group (DAG) helps to embed EDI into all our systems, processes and ways of working. DAG has representatives across all our business functions, rotating on an annual basis to ensure we can leverage new perspectives.
While BGF has made significant progress in EDI to date, we acknowledge there’s much more progress yet to be made. We aspire to be a conduit for change, as well as an investor of capital.
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Going further, together
By working together, we go further together. We hope to contribute to creating a business funding ecosystem that is progressive, inclusive and where everyone can thrive. We are partners and sponsors of the organisations and programmes below and also support a range of other initiatives aimed at promoting equity, diversity and inclusion in the investment industry.
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UN Principles for Responsible Investment
In 2020, BGF became a signatory of the UN Principles for Responsible Investment, a voluntary and aspirational set of investment principles that offer possible actions for incorporating ESG issues into investment best practice.
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Diversity VC
One of ten pioneer funds, to a pilot of the Diversity VC standards, a programme and certification providing VCs with tools to open their networks and make funding more available to underrepresented founders. In 2022 BGF was reassessed and awarded Level 2 status.
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Investing in Women Code
In 2020, BGF became a signatory of the Investing in Women Code, a commitment to improve female entrepreneurs’ access to tools, resources and finance. This followed support for the Rose Review on Female Entrepreneurship. As part of our commitment to the Code we have launched The UK Enterprise Fund (mentioned above), which addresses equity gaps across the entrepreneurial ecosystem, with initiatives for female-led businesses, aimed at increasing the diversity of management teams. We also host in-depth investment workshops for female founders from a wide range of sectors where women share their experiences in a mutually supportive environment.
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The Sutton Trust
An educational charity established in 1997 by Sir Peter Lampl that aims to improve social mobility and address educational disadvantage in the UK.
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10,000 Black Interns
A programme that aims to offer internships for Black African, Black Caribbean and/or Black British students and graduates at large companies in a range of sectors, including financial services.
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The Diversity Project
Chaired by Dame Helena Morrissey, The Diversity Project was launched in 2016 as a cross-company initiative to champion a more inclusive culture within the Savings and Investment profession. Stephen Welton is Chair of the gender workstream of the Diversity Project.
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Fund Her North
Fund Her North is a Northern-based, volunteer collective of over 30 women from venture capital, funding organisations and angel groups. BGF is a key partner supporting its programme of events.
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GAIN
GAIN (Girls Are INvestors) is a charity set up by investment professionals to improve gender diversity in investment management.
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Level 20
Level 20 is a not-for-profit organisation founded with the aim of improving gender diversity in the private equity industry.
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British Private Equity & Venture Capital Association
The British Private Equity & Venture Capital Association (BVCA) is the voice of private capital in the UK.