Standard Bank Group
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Diversity, equity and inclusion

We know that diversity is one of our biggest strengths. Diversity drives innovation and enables us to respond more appropriately to the needs of our customers. That is why we are committed to building an inclusive and engaging culture, where we all feel valued because of our differences and are empowered to bring our different perspectives and ideas to the workplace.

Our focus areas
Equal pay

Standard Bank has a policy of equal pay for work of equal value, ensuring equitable pay across the group
The balance of gender pay distribution across the group has improved in 2021.

Our_purpose2-14formats
Gender equality

Committed to advancing gender equality and women empowerment in the workplace, marketplace and community

Initiatives such as our Blue Malaika programme provided 215 women across the group with opportunities to engage and learn from the group's female leaders.

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34.1% 
women leadership at executive level 
41.8% 
women leadership at management level 
35.3%
women leadership at board level 

 

LGBTQ+

Recognising the diversity of our employees as one of our greatest strengths

While we note and abide by the laws of the countries in which we operate, within Standard Bank Group we will not discriminate against employees, customers, or clients based on sexual orientation.

SB_Test_Family_Landscape
Disability policy

Ensuring that employees with disabilities have equal opportunities in the workplace

We’re committed to the promotion of equal opportunities for all persons. We live this policy by actively encouraging people with disabilities to seek employment with the Standard Bank Group and working to eliminate all forms of “systemic disadvantages” that might hinder their access to employment or career advancement.

Standard Bank’s payments blockchain to revolutionise foreign exchange image set
Representation in the South African context

Supporting employment equity across the people value chain

Our new Employment Equity Plan will be implemented from 2022 in consultation with financial sector stakeholders and the Department of Employment and Labour in South Africa. 

Digitisation Jobs SA
46.2% 
black African employees at top management level 
54.4% 
black African employees at senior management level 
42.8%
black African board members 

 

  • Equal pay
  • Gender equality
  • LGBTQ+
  • Disability policy
  • Representation in the South African context

Standard Bank has a policy of equal pay for work of equal value, ensuring equitable pay across the group
The balance of gender pay distribution across the group has improved in 2021.

Our_purpose2-14formats

Committed to advancing gender equality and women empowerment in the workplace, marketplace and community

Initiatives such as our Blue Malaika programme provided 215 women across the group with opportunities to engage and learn from the group's female leaders.

6_Corporate_governance-BannerHeroBlueV2
34.1% 
women leadership at executive level 
41.8% 
women leadership at management level 
35.3%
women leadership at board level 

 

Recognising the diversity of our employees as one of our greatest strengths

While we note and abide by the laws of the countries in which we operate, within Standard Bank Group we will not discriminate against employees, customers, or clients based on sexual orientation.

SB_Test_Family_Landscape

Ensuring that employees with disabilities have equal opportunities in the workplace

We’re committed to the promotion of equal opportunities for all persons. We live this policy by actively encouraging people with disabilities to seek employment with the Standard Bank Group and working to eliminate all forms of “systemic disadvantages” that might hinder their access to employment or career advancement.

Standard Bank’s payments blockchain to revolutionise foreign exchange image set

Supporting employment equity across the people value chain

Our new Employment Equity Plan will be implemented from 2022 in consultation with financial sector stakeholders and the Department of Employment and Labour in South Africa. 

Digitisation Jobs SA
46.2% 
black African employees at top management level 
54.4% 
black African employees at senior management level 
42.8%
black African board members 

 

Environmental, social and governance report 2021
Our ESG report includes an overview of our ESG governance framework, material issues and information about how we embed a strong ethical culture and conduct across the group.
Encouraging diversity through our code of ethics
Extracting value from different perspectives

We should value and encourage diversity, since it allows different perspectives and viewpoints to emerge. 

This includes diversity in the demographics of team make-up, and in thinking and working styles.

Respecting each other

We should strive to ensure that all employees, customers, and other stakeholders have a dignified experience in their interactions with Standard Bank. We should create a work environment that is free of harassment and intimidation.

This should be achieved by behaving courteously and respectfully and by not engaging in behaviour that may be perceived to intimidate or harass others

Expressing personal identity with dignity and tolerance

We should not impose our personal philosophies and beliefs on others.

We should recognize that different people have different perspectives, and any misunderstandings should be explored constructively and in a spirit of mutual respect

Code of ethics
Our commitment to workplace diversity is enshrined in our Group Code of ethics
Download our reports
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The skills and experience of our leadership at council and board level underpin our ability to deliver on our commitment to driving Africa’s sustainable growth.

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Our purpose and values

We are a client-led and digitally enabled financial solution provider aiming to deliver sustainable growth for individuals, businesses and communities throughout Africa.