We are committed to cultivating and advancing diversity in all forms because we believe a wide range of perspectives and talent is crucial to creating a richer experience for our employees and better outcomes for our diversified global client base.
Senior business leaders make it a priority to ensure that all employees in their groups understand why diversity is important for success and equip them with tools and knowledge to foster inclusion.
Since 2015, more than 2,500 managers and leaders globally have participated in . This initiative helps leaders and managers understand how unconscious bias works and, most importantly, provides concrete tools and guidance on how to take action to mitigate bias in business decisions. As part of this program, we’ve redesigned key human resources processes to minimize the potential for bias and foster diversity.
We hold our businesses accountable for progress in diversity, equity, and inclusion. During our Quarterly Business Reviews, we have focused conversations with each business about their plans and progress. We also report our progress against our DEI initiatives regularly to our Board of Directors.
As a signatory of HM Treasury’s Women in Finance Charter, which seeks to build a more balanced and diverse financial services industry, we achieved our goal of 30% female representation in senior management by 2020. We will be setting a new target for women senior leaders across our firm going forward.
Lastly, in 2020 we also announced an action plan to advance racial equity and inclusion, while also holding firm leaders and managers accountable for continued progress against the firm’s goals. We set goals for increasing the overall workplace representation of Black and Latinx employees by 30% in the U.S. and to double the number of U.S. Black and Latinx senior leaders by 2024.
BlackRock is a global asset manager. We help investors build better financial futures. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. Our founding mission was to establish a firm that thinks differently about managing investment risks to best serve our clients, and this is still at our core today. We challenge businesses to reach higher standards. We use technology to think beyond what’s possible. We provide investment solutions for every need. We aim to simplify a complex world. We help chart paths towards financial health. We are BlackRock, and we are invested in your financial well-being.
BlackRock is committed to helping build a better, fairer society, starting within our own organization. We believe that a strong culture, in which inclusion and belonging are paramount, creates room for all employees to drive our purpose of helping more and more people experience financial well-being. We have long focused on the importance of
cultivating and advancing diversity in all forms in our workforce and leadership team as well as holding our senior leaders accountable for progress on inclusion and diversity objectives.
We seek to hire diverse teams and believe diverse teams lead to better decision-making, especially in complex, changing environments. We regularly review job postings for potentially biased language and actively engage in outreach and recruitment efforts for our open positions to ensure candidate slates are diverse across gender, race, ethnicity,
disability, veteran status and beyond. We have designed a recruitment process to manage bias, with an intention of driving more diverse hiring.