Month: June 2024

Originally published in Bloomberg’s 2023 Impact Report

We look to creative and collaborative employees with diverse experiences and a global outlook to shape the future of our company. We inspire our employees by providing opportunities to make a difference and supporting their personal growth.

Creating a culture of diversity and inclusion 

We’re advancing our D&I strategy through greater accountability, allyship and advocacy.

Bloomberg’s global diversity and inclusion (D&I) strategy focuses on achieving business excellence by fostering a true culture of inclusion through leadership support, allyship and advocacy. Through new and ongoing initiatives we’re developing a leadership structure that equally values all perspectives and actively advocates for inclusion. By engaging, integrating and allying with underrepresented talent, we’re striving to open opportunities to candidates and employees from all backgrounds. And by investing in technology, systems and processes to promote diverse hiring and strengthening our leadership and talent development programs, we’re working to measurably improve the representation and advancement of underrepresented talent across the company. 

We believe our employees have a responsibility to participate in nurturing an inclusive culture at Bloomberg, and we are committed to providing the tools and resources employees need to take action. All employees participate in unconscious bias training as part of their onboarding process, and we offer Inclusive Leadership workshops and online modules for managers and team leaders. Our D&I learning center on the Bloomberg Terminal (BU DI) gives employees access to core curriculum modules on disability, gender and cultural inclusion in the workplace alongside resources on topics including minimizing bias, developing inclusive behavior and managing across differences.

Delivering leadership advocacy and accountability – Our D&I strategy focuses on ensuring business and leadership accountability. All managers and team leaders are evaluated on six leadership attributes, one of which is the ability to create a diverse and inclusive work environment. Every Bloomberg department maintains a D&I plan that supports strategies for recruitment and progression. Our global business heads also participate in an annual D&I Organizational Health Review to assess progress on diversity and inclusion and the impact of their plans.Engaging, integrating and allying with underrepresented talent – We’re making allyship a key focus in our drive to ensure inclusion for all, exclusion of none. While leadership can establish and advocate for policy, an authentic culture of inclusion can only be fully achieved through allyship. By building empathy for colleagues and then taking action to support them, allies play a key role in creating an inclusive work environment where colleagues of all identities can thrive. Successful allyship is an active, continuous process, which is why our D&I team and employee-run Bloomberg Communities keep up a continuous drumbeat of activity and engagement.Improving representation and advancement – We’re working to increase representation of historically underrepresented groups in our workplace by enhancing our recruitment process. We believe that disruptive, breakthrough ideas come about when diverse teams look at challenges from different angles, which is why improving representation — at every level of experience — is as much a business imperative as a moral obligation. We strive to ensure the elimination of bias from all communication to candidates globally by investing in technology, systems and processes to promote diverse hiring and to build a strong pipeline of talent.

Activating every employee’s potential

We provide continuous learning opportunities to help our employees realize their career ambitions and prepare to lead.

Investing in and supporting the professional growth and career development of employees positively impacts our business. With our global footprint and diverse business areas, we provide employees with numerous opportunities to learn, contribute, collaborate and shape their career path. 

Our Leadership & Talent Development team supports talent management through programs, systems and tools designed to track, retain, develop and invest in our employees. This talent pipeline continued to play a critical role in our success in 2023, with the vast majority of leadership roles filled internally.

Helping employees thrive

We take care of employees so they can focus on changing the world.

Bloomberg provides programs and benefits designed to improve the financial, physical and mental health and well-being of employees and their dependents. We support employees’ work and family needs across many major life events with benefits that align with our diversity and inclusion priorities.

Read Bloomberg’s 2023 sustainability report to learn about its environmental and social impact.

As we approach our third annual Community Impact Month, we recognize all our colleagues who have volunteered and made a difference and continue to do so every day. Your combined efforts help the communities we serve in numerous ways and represents Webster’s values-based culture.

Webster measures success not only in financial terms, but also in community impact. We believe that the success of our local communities is a shared responsibility and we strive to use our capabilities, reach and resources to make a meaningful difference.

We work to build vibrant and healthy communities through a variety of regional and local initiatives, along with key partnerships. Our colleagues have opportunities to make an impact as they share their time and skills in our communities. Webster provides all colleagues with 16 hours of paid time to volunteer at the organizations of their choice. 

Webster Bank
Webster Bank (“Webster”) is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country’s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with $76 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

View original content here.

Originally published on NRG Energy Insights

By NRG Editorial Voices

In cycling, there’s a section of the pedal stroke from 12 o’clock to 6 o’clock known as the power phase. It’s the period when a cyclist produces the highest amount of muscular power in order to propel the bike forward. On the weekend of April 27-28, NRG’s cycling team put their pedal strokes to the test and completed a monumental ride commemorating two decades of participation in the Texas MS 150.

The Bike MS fundraising program has been in operation for 40 years. It has raised an incredible $1.4 billion to fuel the National Multiple Sclerosis Society’s mission to cure MS, and it has enabled the research that has resulted in every MS treatment option available today. This ride is big.

For the past 20 years, NRG’s cycling team has come together for the late-spring journey, and they’ve collectively raised over $2.3 million to help fund research, treatment, and support for those affected by multiple sclerosis. This year our team exceeded their fundraising goal, collecting more than $70k in donations — a testament to their unwavering commitment to the cause.

In addition to the 45 NRG cyclists in the race, more than a dozen volunteers worked exhaustively through the weekend. Many of the participants made the journey for the very first time this year. “Seeing [the 21 first-time riders’] emotion and sense of pride and fulfillment as they completed that long trek of 150+ miles,” was team Captain, Juan Contreras’, biggest takeaway.

All of the riders were blown away by the tireless volunteers, who — in the rain — set everything up, kept everyone on time, managed the hydration and refuel stations, and broke everything down after the last cyclist finished. Volunteer captain Jordan Shane shared that, even after participating for ten years, “It continues to be something special to me to see coworkers accomplish something so incredible outside of work.”

Each rider had a unique reason for participating, whether it was to honor a friend or family member, support the broader MS community, or contribute to a meaningful cause.

Manager of Culture & Change, Gabe Rasure, embarked on her first ride this year after some encouragement from a friend in the office; and Senior Finance Manager, Nathan Lines, rode for his father-in-law who’s battling the disease.

All the planning, all the training, all the sweat, it all came down to one weekend. This April’s journey proved to be unpredictable weather-wise, something Juan noted as one of the most difficult elements to navigate year over year.

“A storm was expected to land on the second day of the ride,” he said, “which created challenging riding conditions for the team and the entire fleet of over 5,000 cyclists out of LaGrange.” The solution? They stuck together as much as possible through the wind and the rain, which is what ultimately empowered Gabe to finish strong despite swollen feet and second-day fatigue.

It’s not easy to put an experience like this into words, but it’s clear from the cycling team and volunteers that this event is truly special. “Enjoy every moment,” Nathan responded when asked what advice he might give someone considering participating. “I spend a lot of time on a bike, but the ride is so beautiful, the people are so awesome, so just take it all in the best you can.”

At NRG, as we reflect back on two decades of pedaling with purpose, we are humbled by how far we’ve come. As we look ahead, we remain committed to our mission of creating a world free from the challenges of multiple sclerosis.

Twenty years of riding in the Texas MS 150 is not just a milestone for NRG’s cycling team — it’s a celebration of the resilience, perseverance, and community that defines our work culture. And our journey continues, as together we work to make a positive difference in the lives of others, one pedal stroke at a time.