Building a diverse and inclusive organisation is a continual process. Whilst we are changing policies and practices for the better, our people are the real change agents. Read on to find out more about some of the inspiring initiatives we are working on to make a real difference to the status quo.
The power of connections
Our Employee Resource Groups across our global locations focus on connecting people who value and promote inclusion, inspiring others to engage in important topics for the business and wider society. Open to all employees, they are a forum for learning, networking, driving change and having fun with colleagues.
Women in Banking
We have a number of different but inter-connected groups which are focussed on advancing the gender balance across our business.
In Germany, our women@DB group brings together many different interest groups from across our business and the entire country – to empower women and enable them to achieve their very best here with us.
In the UK, Ireland, Hong Kong and Australia, dbGO helps drive progress towards a diverse workforce and an inclusive environment by engaging with leaders to build accountability for change, by inspiring and engaging people through access to role models, by supporting career progression and mobility, and by improving personal brand and networking opportunities.
Women on Wall Street (WOWS) in the US, works in a similar way and champions the value that gender diversity brings to our business, supporting the work experience and potential of our women.
In 2019, we increased our commitment for the human rights, dignity, and inclusion of LGBTQI people globally. We have taken strong public advocacy positions, engaged in meaningful conversations with a variety of leaders around the world, and supported our LGBTQI colleagues and their loved ones.
Earlier in the year, we brought together 25 leads of dbPride chapters from eleven countries (Australia, Brazil, Germany, Hong Kong, India, Italy, Japan, the Philippines, Singapore, the UK and the US) to celebrate, share knowledge, and sustain the momentum on LGBTQI inclusion.
The bank also collaborated with the United Nations Office of the High Commissioner for Human Rights (OHCHR) in hosting a global summit on engaging the private sector in LGBTQI issues. The event was held at Deutsche Bank’s Palais Populaire in Berlin. More than 70 participants, including LGBTQI activists from 25 different countries, debated ways for the private and public sectors to collaborate in advancing the agenda of LGBTQI inclusion globally.
Cultural acceptance and celebration
In 2020 we have all witnessed the anger and anguish that systemic racism across geographical boundaries causes our colleagues from Black, Asian and Minority Ethnic backgrounds. The bank has affirmed for many years that having a diverse and inclusive work environment is important to our overall success. But have not made sufficient progress in certain areas, particularly with racial and ethnic diversity.
Whilst our management team are focused on making specific changes to advance our inclusive culture and our racial and ethnic representation throughout our business, our Employee Resource Groups are also very important to advancing the conversations and supporting employees from different ethnic backgrounds.
Multicultural Partnership (US)
The Multicultural Partnership’s mission is to enrich the work experience of people of color and multicultural people because inclusive teams drive stronger business outcomes. They’re focused on building strong communities, celebrating cultural heritage, sharing best practice and supporting the attraction and retention of diverse talent.
Within the Multicultural Partnership there are three Leadership Forums – focusing on the specific issues concerning particular ethnic groups – Asian, Black and Hispanic/Latino.
All forums are open to all employees and are a key voice in affecting necessary change within the organisation and broader society.
dbENRICH supports ethnic minority employees in the UK by championing, promoting and fostering a working environment where all employees can develop their full potential as employees and individuals. Activities include building awareness of ethnic minority issues, providing education and practical support for employees and managers and acting as a catalyst for change via activities that attract, recruit and retain ethnic minority talent.
Supporting social entrepreneurs in Asia
As part of our CSR Made for Good initiative, we are partnering with global social enterprise enabler Ashoka to help women social entrepreneurs in Asia Pacific to grow their business.
The nine-month ‘boot-camp’ programme, supports the entrepreneurs to refine their business models and expand their operations. As well as benefiting financially from the programme, the entrepreneurs also get the opportunity to being mentored by two of our own women leaders; Caroline Liow, APAC Head of Corporate and Investment Bank Operations and Sunila Shivpuri, APAC Head of Information Security.
Advancing inclusion and ethnic diversity amongst the community
Our partnership with the Summer Youth Employment Program (SYEP) in New York is part of our long-term commitment to expanding inclusive and innovative educational environments for all.
As part of Deutsche Bank’s seven-point plan to advance inclusive culture and racial and ethnic diversity, Delores Rubin, a Wealth Management Director and member of the Black Leadership Forum (BLF), stepped up as a team leader for SYEP’s workplace challenge that is designed to provide exposure to diverse industries, potential careers of interest and hands-on problem-solving.
Over two weeks, volunteers from our Wealth Management division worked in teams with two cohorts of youth ages 16-24. Teams identified the specific real-world challenge related to driving inclusion within the workplace; generated possible solutions to their challenge; and then crafted a final presentation on their deliverables.
To learn more about Deutsche Bank’s education initiative Born to Be, click here.