At Allstate, we are coming together as a network of more than 138,000 Allstate employees and agents to close opportunity gaps by empowering more financial prosperity and representation for the people we serve and places we call home. We are honored to receive this recognition.
Too many people have been excluded from employment opportunities, due to a long-standing system of social inequities. We aim to be a leader, convener and enabler of social mobility, to eliminate inequities in our business practices, culture and communities, and lead the transformation of the industry.
From The Company
Our commitment to leading change for a more equitable society is at the core of our company’s values. We recognize that our collective differences, backgrounds and cultures create an inclusive environment where diverse perspectives are encouraged.
While continuing to drive Inclusive Diversity and Equity (IDE), we understand there’s progress to be made. We’ve hired a Chief IDE Officer and completed a top-to-bottom review of our operating practices. We’re launching a strategy that positions Allstate to be a differentiated IDE leader while meeting our commitments, which include diverse hiring practices, training in unconscious bias, retention, development and promotion practices.
We strive to develop and retain talent that mirrors the diversity of the customers and communities we serve. As of December 2021, women comprised 57% of Allstate’s workforce, and 42% of our employees were racially or ethnically diverse.
Allstate is increasing diversity on Wall Street through a largest-of-its kind bond issuance to diverse firms. Additionally, we’ve invested $5 billion in supplier diversity.
We’re also increasing access to quality jobs for Black Americans through a partnership with OneTen to help close the opportunity gap.
We believe that building a respectful, welcoming and supportive company culture will result in business practices that enable prosperous communities.