Ian Stuart, Chief Executive Officer, HSBC UK said: “We’re determined to use our position as a global organisation to support diversity and inclusion, both in the UK and internationally. Improving the ethnicity data that we hold on our people is critical to understanding where we are today and will help us measure progress on our commitments.”
Elaine Arden, Group Chief HR Officer, HSBC said: “The data shows that we have a lot of work to do, particularly with respect to the representation of Black colleagues at senior levels. Publishing the data is just one of steps we’re taking to address the challenges we face in creating a more diverse and inclusive organisation.”
HSBC employee representation data in the UK*:
|Asian||Black||Mixed Race||Other ethnicities||White||Declined to answer||Ethnicity not yet specified|
|All global career bands||12.0%||2.4%||1.3%||1.6%||59.8%||7.7%||15.2%|
* Based on the ethnicity self-declarations of 77 per cent (32,380) of HSBC’s UK-based employees as at 30 September 2020.
HSBC representation data in the UK for Graduates Programmes and Interns:
|Asian||Black||Other ethnicities (including mixed race)||White||Declined to answer|
In line with the UK’s Race at Work Charter, HSBC is establishing an ethnicity framework for its business based in the UK to help determine what racial equality in its business should look like, where the gaps are and where action needs to be taken.
Core to this are the following actions:
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