An independent advertising supplement distributed in the Guardian on behalf of SPM Group Limited who take sole responsibility for its contents. WHY INVESTING IN ETHNICITY AND RACE MEANS INVESTING IN GREAT BRITAIN Diversity and inclusion and Investing in Ethnicity Awards founder, Sarah Garrett MBE examines what it Bank, who have committed to shifting the means to be an ethnic minority in modern Britain dial within their businesses. These are the same businesses that In 2017/18, there discrimination on a day-to-day basis as a What unites them is a set of stories and have also worked with us to develop The were 94,098 hate result of their skin colour. Whether it’s on role models that deserve to be recognised, Maturity Matrix - a simple toolkit that helps crime o ences the streets or in the workplace, some of publicised and documented. organisations move the dial on their journey recorded by the the UK’s most marginalised communities The work we do goes beyond the awards, within the ethnicity and race agenda. We’ve police in England face huge barriers to integrate and thrive however. Since starting our Investing in outlined an easy-to-use checklist that and Wales. in modern-day society. This just isn’t Ethnicity and Race programme three years includes starting conversations, creating Worryingly, over three quarters of these acceptable. It’s our job to keep breaking ago, we have worked with hundreds of change, measuring success and above all, (76%) were race hate crimes and the EU down stereotypes around race and religion, organisations to help shift the dial and keeping things simple. With Ethnicity Pay Referendum and the 2017 terrorist attacks to educate the majority, ensure fair job enable their ethnic minorities to have fair Gap Reporting on the horizon, making were named as two likely contributors to opportunities and to push for true equality opportunities to career progression. We things as easy as possible to collect data the 17% spike compared to previous years. for all. have held Action Groups with over 200 and implement meaningful change is one of At the same time, black people are One organisation striving for that is organisations and brought together leaders our biggest priorities. nine times more likely to be stopped and Lloyds Banking Group. By introducing in the industry to collectively raise the bar. In 2019 and in the context of Brexit, it searched when compared with white public goals to increase the representation We saw how powerful this was at the first is more important than ever to integrate people. David Lammy MP calls the current of BAME colleagues, particularly at senior Investing in Ethnicity and Race Conference people from dierent ethnicities and races practice of stop and search ‘a racist fantasy’ management level, they have been able in 2017. Supported by Mayor of London, and help them thrive in a multicultural in light of the fact that black people to make real progress that delivers on the Sadiq Khan, we brought together over society. The work we do isn’t just about actually use illegal substances at a lower bottom line. This, along with unlocking ‘the 250 people to discuss the barriers facing investing in ethnicity and race, it’s about rate compared to their white counterparts. sponsor’ eect, where minority employees BAME people in the workplace. We heard investing in a more prosperous future for What’s more, we are starting to see a benefit from increased visibility. about how the biggest blockers to true the whole of Great Britain. public crackdown on ethnicity pay gaps We founded the Investing in Ethnicity inclusion was unconscious bias; a fear of after the government recently announced initiative to help and celebrate organisations honest conversations; a lack of senior role On the following pages you’ll find the a consultation to address this workplace like Lloyds Banking Group and shine a light models; broken recruitment processes and winners of the Investing in Ethnicity disparity. on the various individuals and organisations a lack of leadership buy-in. We acted on Awards. These facts paint a sobering picture that have been inspirational in addressing this and developed a Leadership Pledge for what it means to be someone from inequality. Each of them has been on a that includes the likes of Ian Stuart, CEO of To find out more, visit a dierent race or ethnicity who faces journey in pushing for positive change. HSBC UK and Benny Higgins, CEO of Tesco investinginethnicity.com 2 Promotional feature INVESTING IN ETHNICTY AWARD WINNERS AND TOP 8s CHARITY OR as Non- Executive Director. is the representation of BAME and in COMMUNITY INITIATIVE Most recently, Rob was awarded an OBE particular, the severe underrepresentation in The Queen’s 2018 New Year’s Honours of black people at senior levels within the WINNER*: list for ‘Services to Race Equality in the asset management industry. GAL-DEM workplace and the community’. TOP 8s: TOP 8s: • AJI AYORINDE, ASHURST • PRISCILLA BAFFOUR, ITN • NINA BHAGWAT, CHANNEL 4 • SANDRA CLOUGH, BNP PARIBAS • AMANI KIFLEMARIAM, CREDIT SUISSE • KENE EJIKEME, GOLDMAN SACHS • CHINWE ODIMBA-CHAPMAN, CLIFFORD • MOHAMED KEBBAY, TSB CHANCE • WINCIE KNIGHT, VIACOM • JUSTIN ONUEKWUSI, LGIM* Gal-dem is an online and print magazine • PAULETTE MASTIN, LINKLATERS LLP • MUSHTAQ RAJ MBE, UK HOME OFFICE and creative collective comprised by •ROB NEIL, THE MINISTRY OF JUSTICE* • KEON STEWART, FIELDFISHER In June 2014, Karen received an OBE in over 70 women and non-binary people of • ASIF SADIQ MBE, EY • AISHA SULEIMAN, AMAZON the Queen’s Birthday honours and in 2015 colour. Founded by Liv Little in response Karen was the fi rst business woman to to the lack of diversity at her university be named Britain’s Most Infl uential Black and in the mainstream media, the aim of BAME FUTURE LEADER CHAMPION (ALLY) person in the Power List. gal-dem is to open the experiences of Karen is an external advisor to the UK women of colour to a wider audience. WINNER*: WINNER*: Government Civil Service and a Business JUSTIN ONUEKWUSI, LGIM NANCY LENGTHORN, MEDIACOM Ambassador to the Department of TOP 8s: International Trade. Karen sits on the • AWAAZ board for Creative England, is a council • BLACK HISTORY MONTH member for the Creative Industries • FORWARD UK (FGM) Federation, and Chancellor of the • GAL-DEM* University of Portsmouth. • KARMA NIRVANA • NOTTING HILL CARNIVAL TOP 8s: • SANGAM CENTRE • KAREN BLACKETT OBE, WPP* • THE ALETO FOUNDATION • GAUTAM BHATTACHARYYA, REED SMITH LLP • VISHAL DIXIT, VODAFONE • NAZIR FAQUIR, PWC WORKPLACE HERO • RAGHUJIT NARULA, HSBC UK • RUPAL KANTARIA, OLIVER WYMAN WINNER*: • DR. RAJ PATEL, SAINSBURY’S ROB NEIL, THE MINISTRY OF JUSTICE Justin is a multi-asset fund manager Nancy Lengthorn is Head of Diversity, • NAZREEN VISRAM, BARCLAYS working at Legal & General Investment Inclusion and Future Talent at MediaCom, Management (LGIM). Raised in and has worked in the media industry for Manchester, he is of both Grenadian and almost 20 years. A passion for driving NETWORK GROUP (ERG) Nigerian heritage. Throughout his career change and equality meant that she Justin has been active in joining and began to focus her attention on internal JOINT WINNER*: contributing to diversity and inclusion projects and set up the industry’s fi rst EMBRACE, HSBC initiatives at the companies in which he Apprentice scheme in 2011. Refusing has worked. to allow privilege or bias to shape the He currently co-chairs the Investment industry, Nancy has put particular focus Diversity Working Group for LGIM, which on championing BAME issues within the has set about making change in fi ve key workplace, creating a positive. areas for the investment fl oor: recruitment and retention (including mentoring), TOP 8s: Embrace Network is an inclusive culture/cognitive diversity, agile working, • GEORGIA ARNOLD, VIACOM employee resource group focused on Rob was a founding member of the MoJ’s barriers to diversity and inclusion • EMMA CODD, DELOITTE the inclusion of Black, Asian and Minority BAME Sta network in 2001 and the fi rst and understanding the business risks • COLETTE COMERFORD, LGIM Ethnic employees, which helps us attract, elected Chair of the Civil Service Race stemming from a lack of diversity. Due to • KEVIN ELLIS, PWC retain and engage a more diverse ethnic Equality Network [CSREN] – known today the successes of the initiatives that have • NANCY LENGTHORN, MEDIACOM* and multicultural workforce within HSBC. as CSRF – the Civil Service Race Forum. been put in place, he was asked to join • NEIL PRIME, JLL The Embrace Network are fully In 2016 Rob was chosen to lead the the diversity and inclusion team at group • MARJORIE STRACHAN, RBS aligned to the business and fully support MoJ’s Race Project – an inward facing level (L&G). • KAREN VENN, NETWORK RAIL the UK D&I agenda. The Network’s programme of work aimed at supporting Outside of LGIM, Justin has recently increased activity and visibility has the MoJ’s published Diversity & Inclusion featured in the 2018 EMpower Ethnic led to increasing visible role models, objectives and turning the dial on race Minority Future Leaders List. He is adviser BAME INSPIRATIONAL LEADER with some members of the network equality. to the board of City Hive Ltd, which being recognised in external power lists In September 2016 Rob was elected Chair focuses on driving diversity initiatives WINNER*: based around ethnicity and race. The of the Civil Service Race Forum. The throughout the asset management KAREN BLACKETT OBE, WPP Embrace Network’s activities and external Civil Service Race Forum [CSRF] is an industry, including gender, ethnicity and Karen is WPP UK’s country manager, partnerships has served to support BAME umbrella network of BAME Sta Networks LGBT. Justin has also taken the role as the world’s largest marketing services colleagues and BAME individuals in the across the civil service made up of over Diversity Lead on the Association of group, and Chairwoman of MediaCom, the communities HSBC serves.