Hunter-based health fund, nib, has earned a top 100 spot in the Thomson Reuters D&I Index which ranks the most diverse and inclusive companies world-wide.
nib was ranked at 88 globally and came in fourth in Australia for its work in creating a diverse and inclusive workplace.
nib Managing Director, Mark Fitzgibbon, said that the accolade was recognition of nib’s sustainability efforts to imbed diversity and inclusion across the organisation.
“We believe that it’s vitally important that we embrace diversity within our workforce, not only through the traditional lens of gender, age or culture, but also through the encouragement and support of diversity of thought, experience and ability,” Mark said.
“By creating an inclusive work environment that celebrates diversity, we can also increase employee engagement which leads to better performance and employee satisfaction.”
The Thomson Reuters D&I index measures the relative performance of more than 7,000 companies across the world against four key categories – Diversity, Inclusion, People Development and News Controversy.
nib’s first appearance in the index saw the health insurer place fourth in Australia behind leading companies such as Woolworths, Orica and CSL Limited. nib’s strong female employee representation and policy for driving diversity and equal opportunity helped the business to achieve an overall score of 68.25 out of 100.
nib also recently became one of 14 organisations added to the Australian Institute of Company Directors’ list of firms, where at least 30 per cent of directors are women. Currently 67% of nib’s Non-Executive Directors are female.
Global Head of ESG (Environmental, Social and Governance) at Thomson Reuters, Financial & Risk, Elena Philipova said now in its third year, the index highlights the companies who are leading the way in imbedding diversity and inclusion into their company strategy.
“The industry is beginning to recognise the societal and business benefits of investing in diverse and inclusive companies and we are working closely with various investment firms who are looking to develop investable products based on our D&I index,” Elena said.
Accenture PLC was given the number one spot on the list.
IMAGE | nib has earned a top 100 spot in the Thomson Reuters D&I Index which ranks the most diverse and inclusive companies world-wide.
nib is one of Australia's fastest growing health insurers providing health and medical insurance to over one million Australian and New Zealand residents.