We know that a workforce that brings together diverse perspectives, ideas and experiences leads to stronger financial performance, improved reputation, increased market share, reduced risk, and attracts and retains the best talent. Our approach to diversity, equity and inclusion focuses on integrating equity and inclusion into all parts of our business.
Strong policies and governance systems including the Corporate Responsibility & Culture Committee of the Company’s Board of Directors, which ultimately oversees management’s implementation of our Diversity, Equity and Inclusion program, along with our Diversity, Equity and Inclusion Committee are the foundation of our efforts to build a Company where everyone belongs and can reach their full potential. The Diversity, Equity, & Inclusion Committee is comprised of members of our senior management team representing business areas from throughout the Company. The committee executes our diversity, equity and inclusion program, recommends goals, monitors progress and ensures accountability.
Education & Training
Building on our foundation of policies and governance systems, we provide continuous education and training so that we are building an environment of shared learning. All employees receive and complete annual diversity, equity and inclusion training. New employees receive an initial set of baseline seminars upon hire. Each year, subsequent trainings build on one another to create a continuum of learning including role-based and manager specific courses on topics ranging from how we create a culture of belonging to navigating bias.
As a community bank, it’s critical that our workforce reflects the communities we serve. It’s how we create a culture of belonging within our workplace and how we ensure we deliver equitable access to our suite of financial solutions. We actively work with hiring managers, business line partners and affinity groups to source candidates from all backgrounds and experiences. We offer a number of programs including Employee Resource Groups to build belonging within our workplace and provide employees with the resources to support the Company’s strategic goals.
Employee Resource Groups
Employee Resource Groups are team member led collaboratives that provide safe spaces for dialogue, education and collective action on topics relevant to their mission. They help facilitate Company cultural programming, host events, provide mentorship, support workforce initiatives and advise on the development and delivery of financial solutions and policies. We're proud to offer the following resource groups which are open to any and all company employees:
- Abilities in Motion (AIM)
- Health & Wellness
- People of Color/Multicultural
- Power of Women (POW)
We understand the importance of a diverse supplier base as partners in the achievement of our operational goals and building a more equitable society. We’re committed to fostering relationships with qualified, and when available, diverse third parties. For more information on our supplier diversity programs, please visit our Doing Business with Berkshire Bank page by clicking this link.
CEO Action for Diversity & Inclusion
We're proud to be a signatory of the CEO Action for Diversity & Inclusion ™ and join a growing coalition of businesses pledging to advance diversity and inclusion in the workplace. The CEO Action for Diversity & Inclusion is the largest CEO-driven business commitment to advance diversity and inclusion within the workplace. With more than 600 companies representing 85 industries, this commitment is driven by the realization that addressing diversity and inclusion is not a competitive issue, but a societal issue, that CEOs must play a critical role in addressing.
The Hispanic Promise
We're proud to be one of the first 100 signatories of The Hispanic Promise, a first-of-its-kind national pledge to hire, promote, retain and celebrate Hispanics in the workplace. Launched at the World Economic Forum in 2019, the Hispanic Promise is a non-legally binding sign of intention, a result of the joint effort of multiple Hispanic organizations as a call to action for business leaders and companies of Corporate America to create a more inclusive work environment for Hispanics.
Greater New England Minority Supplier Development Council
Berkshire is proud to be a partner of the Greater New England Minority Supplier Development Council (GNEMSDC). The Greater New England Minority Supplier Development Council (GNEMSDC) advances business opportunities for certified Asian, Black, Hispanic and Native American business enterprises and connects them to corporate members. One of the region’s leading corporate membership organizations, GNEMSDC was incorporated in 1975 to provide increased procurement and business opportunities for minority businesses of all sizes.
Bloomberg Gender-Equality Index (GEI)
Our focus on diversity, ensuring gender equality and pay equity was highlighted as Bloomberg announced our inclusion in the 2022 Bloomberg Gender-Equality Index (GEI). The GEI tracks the financial performance of public companies committed to supporting gender equality. Through disclosure of gender-related metrics, we provide a comprehensive look at our investments in workplace gender equality reflecting a high level of overall performance globally. We invite you to learn more about this recognition at: bloomberg.com/gei
Best Places to Work for LGBTQ Equality
Berkshire received the top score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality.
Business Coalition for the Equality Act
Berkshire is proud to be a member of the Business Coalition for the Equality Act, a group of leading U.S. employers that support the Equality Act, federal legislation that would provide the same basic protections to LGBTQ people as are provided to other protected groups under federal law.