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Intesa Sanpaolo SpA: Workforce Diversity and Inclusion in 2021

Industry: Financial Services
Current: ESG

In 2021, Intesa Sanpaolo SpA reported 53.1% women participation in its workforce, an increase of 0.6 percentage points over 2020
In 2021, the representation of women at the senior management level was 26%, an increase of 1.4 percentage points over 2020
Intesa Sanpaolo SpA intends to have 30% female senior leadership positions by 2025

In an organization, diversity, equality, and inclusiveness (DEI) assist bring diverse viewpoints and ideas to build more innovative, productive, and resilient businesses. At all stages of the employment relationship, including hiring, retaining employees, promoting them, compensating them fairly, and giving them access to training and skill development, it also helps to ensure that everyone has the same opportunities and is treated fairly.

Over the past three decades, the gender gap in organisations has narrowed, attributed to labour mobility worldwide. There has been an increasing global awareness that all workers have a right to a dignified and respectful workplace irrespective of their sexual orientation and ethnicity, which helps to promote an open and inclusive workplace. However, labour market disruption due to the COVID-19 has had devastating consequences globally. According to International Labour Organization (ILO), women’s employment declined by 5% globally in 2020 compared with around 4% for men.

Globally, banks are reporting diversity and inclusivity to ensure that all genders and backgrounds have a more equitable and inclusive workplace. Companies and banks benefit from a diverse workforce by attracting new customers as people want to do business with institutions that share their values.

Intesa Sanpaolo SpA (Intesa Sanpaolo) is a diversified financial services group that offers a range of banking solutions to private, SMEs, and corporate institutes. In 2021, the company reported 51.3% women participation in its workforce, an increase of 0.6 percentage points over 2020. Representation of women in the company at the senior management level (Executives) increased to 26% by 1.4 percentage points over 2020.

Intesa Sanpaolo SpA is expected to achieve approximately 30% of female representation in senior leadership roles by 2025.

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