D&I Impact Report
At the Bank, we believe in the diversity of people, ideas, and experiences. That’s why we’re committed to building an inclusive culture that’s representative of the communities we serve. Instead of work being a place where employees need to fit in, we aim to be an organization that fits our employees and embraces our differences.
So, how’d we do? Here’s where we stand as of 2017:
We’ve worked to increase our minority representation, as our senior executives who are minorities increased by 25%.
We also continued to grow our Employee Resource Groups (ERGs), including two of the newer ERGs like Mosaic (African-American) and Lazos (Hispanic), while forming a brand new ERG, the Young Professionals Network.
Overall, 40% of Bank employees participate in ERGs. In April, the Office of Diversity & Inclusion (ODI) hosted its second annual ERG fair to showcase these groups. This effort led to over 120 new ERG members in 2017.
Finally, as a part of an ongoing effort to foster an inclusive environment and to encourage employees to bring their authentic self to work, People and Culture rolled out a “Dress for Your Day” approach to work attire. The idea is that, on days when business does not need formal attire, employees are encouraged to dress in a way that makes them comfortable and expresses who they are.
Every year, we strive to make our Bank more diverse and representative of the communities we serve, as diversity in thought brings new perspectives and ideas.