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Diversity and Inclusion Strategy 2023–25

Our strategy

Vision

Different people, one purpose

Priorities

  • Agency

    Our agency is a workplace that cultivates an inclusive culture ensuring everyone belongs, regardless of difference.
  • Storytelling

    Sharing the stories that make our people unique by celebrating key events throughout the year.
  • Inclusion

    An inclusive employee experience with a workforce that reflects the community we serve.
  • Capability

    Uplift leadership capability of our people to lead in an inclusive way by engaging with difference to optimise innovation and performance.

SUCCESS MEASURES

  • A workforce that reflects the community we serve.
    • Maintain a gender balanced (50%) executive leadership team (SES).
    • Increase cultural diversity in leadership from 21% to 25% (EL2+) by 2025.
    • Increase Indigenous employment from 1.5% to 3% by 2025.
  • Maintain a positive and inclusive workplace experience, demonstrated by 78%+ in the D&I index in ASIC’s Your Voice survey.
  • Increase our position in the AWEI and the Access and Inclusion Index by 10% by 2025.
  • Deepen diversity confidence and awareness by celebrating six days of significance, led by our diversity committees.
  • Use storytelling to build an inclusive employee experience and improve psychological safety at ASIC, as evidenced by reduction in the gap between PS HR diversity disclosures and Your Voice disclosures.
  • Commit to diversity and inclusion by achieving Inclusive Employer status with the Diversity Council of Australia by 2024.
  • Apply for Employer of Choice for Gender Equality by 2025.
  • Uplift leadership capability so that ASIC achieves a reduction in the escalation of diversity-related people management issues.
  • Ensure ongoing education by delivering a minimum of 15 diversity workshops each year with 20% of the organisation participating.

Benefits

For our people

  • Greater employee experience through a culture of inclusion and feeling of belonging.
  • Improved job satisfaction and higher employee engagement.

For our leaders

  • Recruit from a larger pool of talent.
  • Benefit from faster problem-solving through diversity of background, thought and experience.

For our organisation

  • Enhanced organisational culture.
  • Understand the community we serve thus ensuring a fair, strong and efficient financial system for all Australians