Permanent TSB has been awarded with the Investors in Diversity Gold accreditation for its programme to improve the equality, diversity and inclusiveness of its workforce. The award from the Irish Centre for Diversity is Ireland’s premier Equality, Diversity and Inclusion (EDI) accreditation and Permanent TSB is just the 12th company to receive a Gold award.
The Investors in Diversity Gold accreditation recognises the significant focus and commitment Permanent TSB has made in ensuring that EDI is embedded across the organisation and follows on from the Bank’s receipt of Bronze accreditation in 2021 and Silver in 2022.
As part of the comprehensive assessment process, the Bank provided evidence of various EDI initiatives, including its progress towards achieving the Bank’s target of 50:50 gender diversity at leadership levels. Permanent TSB has already achieved improved gender balance at Board level, with Board gender composition now being 55% female and 45% male.
The Bank was also recognised for its approach towards measuring colleague feedback in respect of EDI and taking meaningful actions in response to same, including the impact and influence of its 4 Employee Resource Groups (ERGs) - Prism (LGBTQ+), Better Balance (Gender Balance), LiveWell (Health and Wellbeing) and DiCE (Diversity, Inclusion, Culture, Ethnicity) - who play a role in policy development and are represented on the bank’s People Experience Council.
“We are delighted to be awarded with the Investors in Diversity Gold accreditation from the Irish Centre for Diversity in recognition of the many decisive and meaningful steps Permanent TSB has taken, and will continue to take, in respect of EDI. Ireland is a modern and diverse nation and it is of utmost importance to us that our workforce, policies and procedures are reflective of that diverse landscape and inclusive of colleagues and customers of all demographics.”
"Permanent TSB has made a superb progression to Investors in Diversity Gold. This accreditation affirms that D&I is embedded across everything the business does and it is extending these values externally. Permanent TSB's Investors in Diversity journey has seen the business advance from the Bronze tier, which established a firm foundation to build on, through Silver level which verified a workplace culture where everyone is valued and shares a sense of belonging, and now on to the top tier of Gold with the top levels of leadership embracing progressive values and leading by example. We look forward to sharing more of their journey of continuous improvement."
