Transamerica, Aegon's US business, has been recognized in a leading index for its efforts to embed inclusion and diversity in its culture.
Transamerica has been named to the annual Diversity Best Practices Inclusion Index for the second year in a row. Transamerica was one of only 80 organizations that earned a score of 60 percent or higher.
"Transamerica fosters an environment where all perspectives are valued, and employees can bring their true selves to work," said Julie Tschida Brown, Chief People Officer at Transamerica. "We continue to embed diversity and inclusion in our company culture, and we are delighted this is the second time Diversity Best Practices has recognized us for championing these values."
The third annual Inclusion Index provides data and insight into how participating organizations performed in three areas:
- best practices in the recruitment, retention, and advancement of people from underrepresented groups (women, racial/ethnic minorities, people with disabilities, and LGBTQ people);
- company culture including leadership accountability; and
- transparency and improvement in year-to-year demographic diversity.
Employee Resource Groups
Transamerica sponsors employee-driven Employee Resource Groups, which are formed around a shared interest or a common characteristic of diversity. Employee Resource Groups encourage connections that assist in retaining, attracting, and building an inclusive workforce. Employee Resource Groups across the company provide a supportive environment for raising diversity awareness and promoting inclusive behavior, and many participate in community events.
Best Practices
Diversity Best Practices is a leading organization in the US for diversity thought leaders to share best practices and develop solutions for culture change. In 2019, 148 organizations participated in the Diversity Best Practices Inclusion Index, a 17 percent increase over 2018. Eighty of those listed in the 2019 Index achieved at least 60 percent of the available points.
"The Inclusion Index continues to grow as more and more organizations are willing to be transparent about their progress and workforce demographics," says Deborah Munster, Vice President, Diversity Best Practices. "We applaud D&I efforts of companies like Transamerica and will continue to set a high bar in order to drive change and accountability."