Question
To ask the Minister for Women and Equalities, if she will make an assessment of the potential implications for his policies of the recommendation on ethnicity pay gap reporting in paragraph 35 of the guide entitled Considering Social Factors in Pension Scheme Investments, published by Taskforce on Social Factors in October 2023.
The Government published guidance in April 2023 which sets out how employers can measure, report on, and address any unfair ethnicity pay gaps within their workforce. This was an action from our ambitious Inclusive Britain strategy, published in March 2022.
We have no plans to introduce mandatory ethnicity pay reporting. Instead, we want to encourage and support those employers who want to use ethnicity pay reporting to improve transparency and build trust among their employees.