Aegon Asset Management

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https://www.aegonam.com/

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Aegon AM is committed to embracing diversity and inclusion, acknowledging, understanding and appreciating the differences between individuals, and developing a workplace culture that enhances their value.

An inclusive and diverse culture enables us to be more effective in developing our people, serving our clients and strengthening our communities.

We are committed to a work environment that embraces employee individuality. By nurturing this environment, our people feel valued for their authentic selves and we are better positioned to consistently deliver the performance, service and solutions our clients seek.

Our actions

Global Inclusion and Diversity Council

Our Global Inclusion and Diversity Council develops and implements a global strategy through the support of our 7 I&D community co-chairs.

Global Recruiting Team

Our recruitment focuses on increasing the diversity of qualified candidates for both current and future vacancies. Targeted diversity recruitment goals for all levels and functions of our business help ensure our recruitment efforts support our diversity ambitions. These include, but are not limited to, requiring hiring agencies to provide an equal gender split of candidates, requiring a short-list of at least two diverse candidates, and creating interview panels that reflect the organization’s diversity in the selection process.

Training

We’ve been focusing on developing our people; firstly, through unconscious bias training, followed by a global eLearning course called “Let’s Talk: Inclusion”, helping our employees increase their awareness of their own judgments and behaviors that can impact how we interact with the people around us. Holding a mirror up to ourselves helps us all adopt inclusive behaviors and learn new ways of engaging others. The next logical step is an offering providing an educational programme for our people managers on Inclusive Leadership.

Creating a wider talent net through early careers

We recognize the asset management industry does not have a reputation for diversity and we are committed to helping change that dynamic. We encourage high school and university students to consider careers via financial sponsorship of organizations dedicated to widening the talent pool. For under represented talent we plan to be there for every step of their educational journey.

Vendor Due Diligence

Aegon AM has extended our expected inclusion and diversity standard to our vendors by including these within our due diligence reviews.

Global Aegon AM Inclusion & Diversity Communities

Aegon AM has an abundance of working groups and employee resource groups aimed at supporting inclusion and diversity, including but not limited to;

Multi-cultural
Working Families
disABILITY and Neurodiversity
Advancing Gender Equality
Proud
Mental Wellbeing
Social mobility

These global communities are formed from a cross-section of interested employees across the organization with representation from all locations. Each community is sponsored by a Management Board member and they report up to the Global I&D Council.

Workforce Representation Metrics

Workforce Gender Balance

As at the 31st December 2020 Aegon Asset Management has a gender split of;

Male - 60%
Female - 38%
Undisclosed 2%

Our commitment to a gender Target

And at this date on a global level, we achieved our goal of having 30% female incumbency in senior management roles. We are pleased to have met that goal and are now aiming for 33% of women in leadership positions by the end of 2021.

Progress of Racial Diversity and Social Injustice

Our approach to increasing racial diversity across the firm has included the following activities;

Donations made to social justice charities
"Let's Talk Racial Diversity" Community Discussion Panels
A new resource guide to help colleagues navigate workplace conversations on race
Employee Resource Group focusing on multi-culturalism;sponsored by a Management Board member
Celebrations of Black History Month in the US and the UK
Public 5 point pledge with Business in the Community: Race at Work Charter
Partnership with Toigo, focusing on racial diversity with MBA students
Partnership with Black Professionals Scotland