Standard Chartered US Named to the Seramount Inclusion Index

The list recognizes the most inclusive workplaces in America

Standard Chartered United States (the “Bank”) was among the thirty-eight organizations recognized as a Leading Inclusion Index Company, receiving a 72 percent score in Seramount’s sixth annual Inclusion Index.

“We are thrilled to be recognized as a leading inclusion index company by Seramount,” said Patricia Fuster, Standard Chartered Chief Information Officer for Europe and Americas and Chair of Americas’ Diversity and Inclusion Council. “This award fuels our drive to continue shaping a more inclusive future for our bank, colleagues, and communities. At the heart of this achievement are our Employee Resource Groups – who are pivotal in creating and nurturing our inclusive culture. Our forward-looking people strategies ensure we attract and retain a rich tapestry of talent, fostering a workforce that mirrors the diversity of our global customer base. Not only does this lead us towards unique and innovative solutions, but it also enables us to understand and better serve our clients’ needs. Our approach to career and leadership development is rooted in inclusivity. We strive to recognize and unlock potential in every individual, regardless of their background, guiding our employees through tailored and comprehensive career and leadership pathways, while enhancing our collective performance as a leading international bank.”

“We are proud to see important growth when it comes to DEI best practices and protocol among our Inclusion Index companies,” says Katie Oertli Mooney, Managing Director of Seramount. “These organizations are consistently measuring and evaluating the effectiveness of their policies, and by doing so, they are taking initiative to build a culture of belonging.”

The Inclusion Index provides organizations the metrics needed to understand trends and opportunities in demographic representation, creates a road map to drive internal change, and identifies diversity, equity, and inclusion (DEI) solutions to close any gaps. Organizations provided data and were measured in three key areas: best practices in the recruitment, retention, and advancement of people from underrepresented groups – women, racial/ethnic groups, people with disabilities, and LGBTQ+ people; inclusive company culture; and demographic diversity.

Key findings from the 2023 Seramount Inclusion Index:

• Employee Resource Groups (ERG) continue to progress as an important source for employees: On average, 32 percent of company employees are members of at least one ERG; 53 percent of companies pay extra or offer incentives to employees who hold ERG leadership positions, not including ERG executive sponsors (vs. 41 percent in 2022); 30 percent have religious-based ERGs (vs. 24 percent in 2022).
• Inclusive recruitment strategies: 93 percent of companies highly recommend or require gender and racial/ethnic diversity in succession-planning slates (vs. 72 percent in 2022); 88 percent of companies require or highly recommend candidates for employment be interviewed by a diverse panel of interviewers (vs. 62 percent in 2022).
• Career and leadership development: 74 percent of companies provide formal sponsorship programs (vs. 66 percent in 2022); 96 percent of companies provide mental health education/training to all employees (vs. 88 percent in 2022).

Standard Chartered US is also named among Seramount’s 2023 Top 10 of 100 Best Companies, Best Companies for Multicultural Women and a Top 75 Company for Executive Women, one of America’s 50 Most Community-Minded Companies by The Civic 50, and a Great Place to Work-Certified™ and Newsweek’s Top 100 Most Loved Workplace-Certified organization.

Visit our Careers page to find out more about the many exciting career opportunities Standard Chartered Americas offers. You can also learn more about Standard Chartered Americas’ diversity and inclusion priorities and how the Bank delivers them here.

About Standard Chartered

We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Our history in the US dates back to 1902, and we are currently present in eight locations throughout the Americas. Our Americas franchise focuses on financial institutions and select corporations and plays a key role in facilitating trade and investment flows between the Americas and Asia, Africa, the UK and Europe and the Middle East.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on Twitter, LinkedIn, Instagram and Facebook.

ABOUT SERAMOUNT

Seramount is a strategic professional services and research firm dedicated to supporting high-performing, inclusive workplaces. Over four decades, we’ve established a strong, data-driven understanding of the employee experience, which lays the groundwork for everything we do. Seramount partners with over 450 of the world’s most influential companies, large and small, to offer pragmatic solutions including best practice DEI research, workplace assessment, employee learning and development, and talent sourcing. These offerings empower organizations to navigate a dynamic corporate environment and to cultivate a resilient, connected workforce that achieves extraordinary outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231115235625/en/