Diversity, Equity and Inclusion in the workplace
Awareness and benefit of diversity
At UniCredit, we have long recognised that an equitable, inclusive and diverse workforce is vital to our business and creates a more fair, inclusive and positive working environment.
We believe that when Diversity, Equity and Inclusion work in harmony, great things happen:
- People feel respected and valued for their contributions, this directly impacts productivity
- People feel a sense of belonging, connection and shared pride, creating a positive effect on health and wellbeing at work
- People feel able to express their views and ideas which, in turn, fuels creativity, innovation and diversity of thought
- People feel their potential is acknowledged, helping to unlock talent, improve performance and levels of job satisfaction.
All of which enable us to achieve sustainable business growth and better serve everyone from clients and communities to shareholders.
Discover more about Our Culture Values & Purpose
Workplace diversity and inclusion in pillars
Our approach to cultural, ethnic, racial and religious diversity is about understanding, accepting and valuing people’s differences.
We create, maintain and protect equity and equality throughout the organization in our recruitment, development and retention processes as well as our product and service.
Social and culture inclusion is based on respect and accessibility. We promote a barrier-free and positive working environment where everyone knows and feels they have a voice.
Ability and employees well-being
At UniCredit, we are committed to creating positive working environment and a barrier-free and inclusive workplace where colleagues with disabilities are not “left behind” and each unique need is addressed through relevant support structures and targeted initiatives.
We are supporting social inclusion for people with disabilities, also including of invisible one, with the identification of Disability Managers in all its countries, training courses for employees, guides on correct behaviours and dedicated moments of exchange on the topic.
Disability Employee Resource Groups have been set up as well as dedicated working groups of colleagues with disabilities in different countries to promote best practices.
Finally, UniCredit continues to invest on digital accessibility to remove any barriers.
- UniCredit is part of The Valuable 500 – an international movement of companies and leaders aiming to put disability inclusion at the top of their business leadership agendas. UniCredit joined in 2020 at Group level and country level (Austria and Germany).
LGBTI and sexual orientation
We are committed to creating an inclusive and positive working environment where everyone can excel, regardless of their sexual orientation or gender identity.
- In 2019 UniCredit signed a Global Framework Agreement with the UNI Global Union on Human Rights and Fundamental Labour Rights, including specific commitments to combatting discrimination and promoting diversity.
- The UN Human Rights Office has developed five Standards of conduct to support the business community in tackling discrimination against LGBTI people. UniCredit joined in 2018.
- Parks – Liberi e Uguali: Italy’s only non-profit employers’ association engaged in Global Inclusion, with a specific focus on sexual orientation and gender identity. UniCredit’s partnership started in 2018
Gender Equality and Inclusivity
We are committed to promoting gender parity and greater inclusion across the Group:
Discover more about Zero Gender Gap
Discover more about transparency on gender pay gap data
- UK HM Treasury Women in Finance Charter: a commitment by HM Treasury and signatory firms to work together to build a more balanced and fairer financial services industry, establishing a transparent and public positioning. UniCredit signed the charter at Group level in 2018. Discover more on Women in Finance - UniCredit (unicredit.eu)
- Valore D: formed in Italy, this is the first association of large companies promoting women's leadership and talent for the growth of businesses and the country. UniCredit is a founder member of the association since 2009.
- UN Women's Empowerment Principles: reinforcement of our commitment to valuing women’s talent and achieving greater gender balance at all levels of the organization. UniCredit joined in 2015.
Welfare, wellbeing at work and flexibility
To build a positive work environment, welfare plays a crucial role in supporting UniCredit colleagues in their daily personal, family and professional challenges. Our programmes are tailored by country to ensure we can meet local needs and respond to challenges faced by our teams.
We continually update our employee welfare, flexibility and wellbeing initiatives to keep pace with evolutions in the workplace and new lifestyles and life stages.
Group Welfare has also inspired psychological support solutions, such as the “Ask for help” initiative, providing high quality consultation services both for professional and personal matters.
Caring for our people: we support our people during the most important moments in their personal and professional lives.
We offer paid parental leave for all family models, and permissions and paid leave to take time off for important life events such as a marriage or civil union, a birthday celebration, buying a house, caring for a relative or an educational opportunity.
The UniCredit Family Board: employees formed the Family Board of colleagues ensuring the Bank continues to identify individual and family needs throughout the recent pandemic.
Employee-driven solutions have included accommodating the need for flexibility, respect for formal working hours, management of remote teams, support for home schooling and work-life balance.
A full week dedicated to DE&I, #EmpoweringU, celebrating everyone across our geographies...
Empowering women to grow within UniCredit. Launch of the WeFly® Programme
Diversity, Equity & Inclusion Week
UniCredit organised a full week dedicated to DE&I, #EmpoweringU, celebrating everyone across our geographies and unlocking our biases towards Gender, Disability, LGBTQIA+, Ethnic and Cultural Diversity and Generations.