Diversity - Corporate Responsibility

Diversity

Building a diverse workplace

ANZ supports an inclusive workplace where employee differences in areas like gender, age, culture, disability and lifestyle choice are valued.

Workplace diversity is not just about doing the right thing; it's about valuing and leveraging people's unique attributes. We want to create a level playing field so that every employee can fully contribute and achieve.

Driving Diversity

The ANZ Diversity Council was established in 2004 to introduce policies and sponsor initiatives to create a more inclusive culture at ANZ. The Council is chaired by our CEO, Mike Smith, and has 13 staff members. It also has a Management Board mandate and a budget of $1 million to fund diversity and inclusion projects.

ANZ's diversity agenda focuses on the following issues:

Gender : women in management
Age: mature age recruitment and retention
Cultural/Ethnicity: cultural diversity of managers
Disability: recruitment and retention of people with disabilities
Flexibility: employee access to flexible working arrangements
Indigenous: Indigenous employment and retention

	Male %	Female %	30 years	30 - 50 years	> 50 years
Group Board of Directors	87%	13%	0%	0%	100%
Group Management Board	89%	11%	0%	44%	56%
Group CR Council	54.5%	45.5%	0%	72.7%	27.3%
Group Diversity Council	31.25%	68.75%	0%	87.5%	12.5%
NZ Board of Directors	100%	0%	0%	0%	100%
NZ Management Board/EXCO	66.7%	33.3%	0%	41.7 %	33.3%
NZ Diversity Council	46.2%	53.8%	0%	84.6%	7.7%
NZ CR Council	54.5%	45.5%	0%	81.8%	18.2%

Progress in 2008

In January 2008 the Diversity Council's charter was expanded to include leveraging employee diversity to increase business success. The Council also implemented a global Diversity scorecard that sets Divisional diversity targets in the areas of gender, cultural/ethnic diversity, disability, indigenous and mature age.

The scorecard aims to increase management accountability and deliver improved diversity outcomes in the coming years.

In November 2007, more than 13,500 employees globally responded to ANZ's My Difference Survey - a follow-up to the 2005 Survey.

The Survey provides us with a demographic snapshot of our global workforce, feedback on how our people perceive diversity and inclusion, together with a measure of the progress we have made in building a diverse and inclusive workplace at ANZ.

Some of the key findings were:

Employees identify with 134 cultural backgrounds and speak 91 languages with 34% speaking a language other than English.
Most employees understand the importance of diversity and are aware of our diversity policies. However, a gap still exists between policy and practice.
There were only minor differences between male and female perceptions of gender equality. Career progression and inclusion remain areas for action.

The future

Our 2009 Corporate Responsibility goals contain specific targets to:

Achieve a 2-3% increase in women in management positions in all major geographies
Employ an additional 35 people with disability globally including 30 people in Australia
Employ an additional 100 Indigenous trainees