We are passionate about being a fair and socially inclusive employer. We want our colleagues to not only live our purpose but have confidence in us as a responsible and fair employer.
The Diversity, Inclusion, Equity and Belonging (DIEB) initiatives at MONY Group in 2024 have been extensive and impactful, focusing on various aspects such as female leadership, ERG advocacy, and DIEB in the tech industry.
Our DIEB metrics are reported monthly with average gender distribution in 2024 sitting at 44% female, 56% male. Our gender split in tech at September 2024 was 24.1% female, 73.6% male, up from 18.5% female in 2022. We were recognised in the 2024 FTSE Women Leaders Review as #1 for Women on Boards in the Technology sector and listed in the FTSE 250 top ten best performers for the fifth year as well as being named in the Inclusive Top 50 UK Employers List in 2024.
Our combined Board and Executive Committee is 44% (7 of 16) female as of 31 December 2024, and 12.5% (2 of 16) are from ethnic minority groups.
We continue to monitor and report on our Gender and Ethnicity pay gaps, which were published in October, and have a multi-year strategy to continue to address challenges. Action plans centre around development, hiring and allyship and progress against these is regularly reported to the Board.
Group employees who are women
Women in Group Senior leadership
Male/female gender split
Ethnic minority background split
Being a fair and socially inclusive employer
In 2024, MONY Group launched the Female Leadership Forum, a new initiative aimed at empowering senior female talent through mentorship, networking, and specialised training. Sponsored by female Executive and Non-Executive Board members, the forum included workshops on overcoming internal saboteurs, a month-long Women’s Health Webinar Series, and an event on resilience.
Our Employee Resource Groups, ERGs, played a significant role in promoting inclusivity and support through:
- Intersectionality Fireside Chat (Represent ERG): discussions on LGBT+ issues, race intersectionality, and challenges faced by interracial couples.
- Mental Health Awareness Week (Thrive ERG): featuring daily webinars, resources, and practical tips aimed at promoting mental health.
- Neurodiversity at Work Webinar (Represent ERG): insights into neurodiversity in the workplace.
- Pride Month (Represent ERG): celebratory events including a quiz, donations to LGBTQ+ charities, and rainbow- themed cocktails.
Additional activities focused on allyship and support for carers, with Carer’s Right Day, sponsorship of Black Inclusion Week and a series of podcasts as part of our allyship towards diverse female entrepreneurs.
Our efforts reflect the Group’s commitment to diversity, equity, inclusion, and belonging, and set a strong foundation for continued progress in the future.