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CIMB in Top 100 of Thomson Reuters’ Global Diversity & Inclusion Index

By Sarah Chen
1 min read
CIMB bank
CIMB bank
In this article (4)

CIMB Group Holdings Bhd has been ranked top 100 most diverse and inclusive organizations globally by Thomson Reuters’ Diversity & Inclusion (D&I) Index 2018, which measures more than 7,000 companies globally on their environmental, social, and governance (ESG) strategy.

Thomson Reuters D&I Index provides an additional lens to investment professionals and investors alike to evaluate companies for their ESG strategies, which have a bearing on long-term opportunities and investment risks, as more and more investors value the societal and business benefits of investing in diverse and inclusive organisations.

“The recognition in Thomson Reuters D&I Index affirms our efforts to create a positive impact not only
economically, but also socially and environmentally. CIMB takes its commitment to all our stakeholders seriously. In terms of our people, we have consciously transformed CIMB into a workplace that attracts and retains a team of talents, currently comprising 34 nationalities spread across 15 countries. As for ESG-related efforts, our corporate social responsibility arm, CIMB Foundation, has expended over RM120 million to benefit about 700,000 lives since its inception in 2007. All these factors have contributed to the group’s journey in becoming a leading ASEAN bank, and I’m pleased that these efforts are being recognised by the Thomson Reuters D&I Index,” CIMB Group CEO Tengku Datuk Seri Zafrul Aziz said in a statement today.

Over the years, CIMB has demonstrated great leadership in the banking industry and corporate world by transforming its people policies, as well as strengthening its ESG aspirations. This includes extended maternity leave; flexible work arrangements for parents to young children; 30-day paid paternity leave; and even up to six months’ staff rejuvenation leave, with the staff’s job and seniority assured. Currently, CIMB has a 56% ratio of women in its workforce, with close to 42% representation at senior management level.

Questions & Answers

Q.

What measures has CIMB implemented to improve diversity and inclusion within its workforce?

A.

CIMB has introduced extended maternity leave, flexible work arrangements for parents, 30-day paid paternity leave, and up to six months' staff rejuvenation leave. These policies aim to support its diverse team.

Q.

How diverse is CIMB's workforce in terms of nationality and gender?

A.

The company currently employs a team of talents comprising 34 nationalities across 15 countries. Women make up 56% of its workforce, with nearly 42% holding senior management positions.

Q.

What specific contributions has the CIMB Foundation made to ESG-related efforts?

A.

Since its establishment in 2007, the CIMB Foundation has expended over RM120 million. These funds have benefited approximately 700,000 lives through its corporate social responsibility initiatives.

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