Promoting Gender Equality: ACA’s Commitment to the Luxembourg Women in Finance Charte

On 8 March 2023, ACA has signed the “Luxembourg Women in Finance” Charter with the objective to contribute to the development of a more inclusive financial sector. 

The Charter is supported by the Ministry of Finance and underlines the sector’s ambition to increase the participation of women at all levels within financial services companies and representative bodies of the Luxembourg financial center. 

The Women in Finance Charter shows the commitment of the signatory companies and professional associations to achieve a better gender balance and inclusion across Luxembourg’s financial services sector.

Each signatory sets specific targets and publishes progress reports. For ACA, the objectives for continuing to promote gender equity are the following: 

Objective of maintaining a minimum of :

• 30% of women on the Board of Directors
• 30% of women on the Executive Committee

As of 1st January 2024:

The participation of women in decision-making processes is an essential element of gender equality in the workplace. Over the past few years, we have seen a marked change in the composition of our Board of Directors. This trend must continue, to ensure greater diversity within our decision-making body. The principle of equality must be a reality at all levels of our organization. This reality is taken into account in the analysis of each candidacy in the event of total or partial renewal of the Board of Directors. Our actions in this area have a direct impact on increasing the representation of women on our Board of Directors and on the ACA’s governing bodies.

You can find the principles of the Charter on the site of the Luxembourg Government and the LSFI website:
Luxembourg Women in Finance Charter – Ministry of Finance – The Luxembourg Government

Report Release: Women in Finance Charter – 2023 Baseline Report – LSFI