This paper provides an update on progress towards the Fund’s FY 2025 Diversity Benchmarks, as of the end of FY 2023. The paper also includes information on action the Fund is taking to promote greater diversity and inclusion through a two-year roadmap of initiatives primarily focused on recruitment, talent development, equity and inclusion and promoting greater leadership accountability and transparency. The paper also covers plans to convene a cross-functional working group to establish the Diversity Benchmarks targets for FY 2030.
- Format
- Paper
- Frequency
- occasional
- ISBN
- 9798400280641
- ISSN
- 2663-3493
- Pages
- 56
- Published in
- United States of America
- Series
- Policy Paper No. 2024/032
- StockNumber
- PPEA2024032
Table of Contents
- introduction 11
- AN INCREASINGLY DIVERSE WORKFORCE 14
- A. Gender 15
- B. Under-Represented Regions 16
- C. Initiatives to Increase Representation 16
- D. Recruitment—Outreach and Pipeline Building 17
- E. Promotions 17
- F. Overall Assessment of Progress and Challenges 18
- RECRUITMENT AND PROMOTIONS—TRENDS AND PROJECTIONS 18
- A. Recruitment 20
- B. Promotions to Managerial Roles 21
- C. Efforts Required to Meet the 2025 Diversity Benchmarks 24
- ENTERPRISE RISK ASSESSMENT 26
- A. Human Capital Risk 26
- Impact on the Fund’s Reputation 26
- Impact on Retention 27
- Impact on Morale - Staff Well-Being, Engagement, Motivation and Productivity 28
- B. Risk Treatments 29
- INCLUSION, EQUITY, AND ACCOUNTABILITY 30
- A. Inclusion & Equity 31
- Raising Awareness 31
- 2021 D&I Survey 31
- Racial Equity 33
- Inclusion Index - 2022 Staff Engagement Survey 33
- Disability Accessibility and Inclusion 34
- B. Strengthening Accountability 35
- CONCLUSION AND ROADMAP FOR NEXT TWO YEARS 37
- PR24245 - FY22-FY23 Diversity and Inclusion Report.pdf 1
- FOR IMMEDIATE RELEASE 1
- PR24245 - FY22-FY23 Diversity and Inclusion Report.pdf 1
- FOR IMMEDIATE RELEASE 2