The dedication of UniCredit to diversity, equity, and inclusion

Published on: 31 March 2022
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Any type of violence, harassment, or discrimination against any individual, client, or employee will not be tolerated by UniCredit. As part of its celebration of the World Transgender Day of Visibility, the Group will also turn on the spire at its international headquarters in Milan.

On March 31, UniCredit will observe Transgender Day of Visibility, a day set aside to honour transgender and non-binary people everywhere and to raise awareness of the importance of attaining equality and ongoing development for all.

As proof of its dedication to fostering and promoting diversity, the Group has unveiled new standards for:

inclusive terminology; Inclusion in Hiring; and Gender transition in the workplace to maintain and strengthen its inclusive culture.

The new DE&I Global Policy and standards of UniCredit are much more than just a collection of instructions for employees to follow. They are a part of the UniCredit culture, which consists of guiding ideals that permeate every aspect of how the Bank conducts business, both inside and outside the office.

Gender is one of many elements of diversity. Additionally, gender transformation occurs long before registered documents are officially changed. UniCredit will make every effort to support its employees during the change, offering direction and support to everyone involved from the start, including coworkers, managers, and People & Culture Business Partners.

Therefore, in accordance with its new policies, UniCredit will propose, in agreement with the employee, a manager within the employee's reporting line as the primary point of contact. In order to provide the employee with the most support possible, the manager will engage with the individual to develop an action plan for initiating and managing the transition at work.

It is crucial to modify language to reflect the changed reality of the person by using preferred terms, pronouns, gender, and names that the employee has chosen as soon as the person in gender transition declares they are ready and, more generally, from the moment the communication of the gender change will be made.

By empowering them to speak out and hold one another accountable, UniCredit equips its employees to defend the transgender community and to make a difference.

Based on gender identity or gender expression, UniCredit is dedicated to a zero-tolerance policy against all forms of harassment, discrimination, and violence against any individual, client, or employee. In addition to a creative awareness project in Italy that ensures the identification of the Bank's clients in gender transition and guarantees the necessary support and service from the operators in UniCredit's branches, the Group's practical approach to fostering an environment of equal opportunities for both employees and customers.

The Group is more aware than ever that people are essential to ensuring that everyone's actions help to create a brighter future. In order to achieve a truly inclusive workplace for everyone, UniCredit continues to develop and reaffirm its objective to foster an inclusive culture.

In commemoration of the World Transgender Day of Visibility, the Group will also illuminate the spire at its global headquarters, which is located in the heart of Milan. This is done to support the rights of transgender and non-binary persons worldwide and to give them visibility.

UniCredit is steadfastly devoted to establishing and upholding a respectful workplace with a common attitude and values, working towards a unified and varied community where employees are celebrated. This commitment is driven by the Group's mission to empower its communities to progress. Employees are enabled to report problems in good faith without fear of punishment through the Group's reporting mechanisms, which serves to reinforce this idea. The Joint Declaration on Equal Opportunities & Non-Discrimination and the Group Executive Committee's support for the UN Sustainable Development Goals (SDGs) to leave no one behind are used to support these initiatives.

Source: UniCredit news

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