Diversity & Inclusion (D&I)
To achieve our mission and vision, we need people with diverse experiences, backgrounds, perspectives and thinking styles.
D&I Strategy 2022-2026
Our vision for diversity and inclusion is that the Central Bank:
- Has a diverse workforce reflecting society in Ireland
- Makes conscious decisions about how to harness difference to its benefit
- Is a recognised thought leader on D&I
- Focus on diversity has a positive influence on the behaviour of the financial services industry.
Our D&I Strategy 2022-2026 outlines our direction and ambition over the next five years and builds on our commitment to building a workplace grounded in fairness, respect and belonging. Each year we have committed to undertaking an action plan that will support this strategy and below you will see the focus areas for 2023, that align to our overall D&I Vision.
- Gender
- Disability
- Cultural and Ethnic Diversity
- Neurodiversity
We are also committed to continuing to provide people with relevant and up to date diversity training, support our internal employee networks, understand our people data and continue to raise awareness of the importance of D&I externally.
Diversity and Inclusion Strategy 2022-2026 | pdf 943 KB
D&I Areas of Focus
We:
- Run thriving employee networks, which are sponsored by our senior leaders
- Are active members of our local community in Dublin’s Docklands, with a network focused on employability and employment for the local community
- Have an open, accessible and inclusive work environment and facilities
- Are members of the 30% Club, signatory to the Inclusive Workplace Pledge and participants in a number of employer diversity groups
- Launched our Gender Identity and Expression in the Workplace Policy in 2021, which aims to create a welcoming and safe environment for all, regardless of gender identity or expression.
Our LGBTQIA+ Network is open to all our people. This includes people who are allies – they may not identify as LGBTQIA+ themselves, but actively support their LGBTQIA+ colleagues. The network promotes a working environment where everyone – regardless of sexual orientation or gender identity – feels safe and confident to be themselves.
Transcript of the video "What Pride means to me"
Our Networks
Our employee networks are organised and run by our people who work together to help us fulfil our D&I goals.
Our Women’s Network’s purpose is to engage with women and men, to support gender balance and to empower, promote and inspire women in the workplace.
Our Cultural Diversity Network raises awareness and celebrates cultural and ethnic diversity amongst our colleagues.
The Parents and Carers Network is an informal network for colleagues to share common experiences, knowledge and tips with others who have caring responsibilities outside work and may be facing similar issues. For example colleagues may be looking after an older relative or someone with a chronic illness, or caring for young children, while balancing these caring responsibilities with work.
Gender Pay Gap Report
We have been publishing our annual Gender Pay Gap report since 2018 as part of our ongoing commitment to D&I. The Central Bank has taken a number of actions to address gender pay and representation. These include setting diversity representation goals for our senior leadership population, improvements around talent acquisition; the introduction of flexible-working policies and enhanced leave supports; career development programmes; and our employee-led networks.
Find out more by reading the Gender Pay Gap Report 2023 in full.
Elevate Pledge
In 2021, we became one of the founding signatories of the “BITC Ireland Elevate Pledge". The overall goal of the Pledge is to build an inclusive workforce that reflects all of our society. This is aligned with our existing D&I vision and commitments as well as our broader Corporate Social Responsibility (CSR) objectives. With this Pledge, we are demonstrating our continued commitment to making D&I a priority for the Central Bank
ESCB & SSM Equality, Diversity & Inclusion Charter
In 2022, together with many of our European peers, we have signed up to the European System of Central Banks (ESCB) & Single Supervisory Mechanism (SSM) Equality, Diversity & Inclusion Charter which states our collective commitment to fostering equality, diversity and inclusion within the ESCB and SSM.
Diversity & Inclusion in Regulated Firms
Our focus on D&I extends to our role as regulator. We expect the firms we regulate to place a greater focus on diversity and inclusion and there are a number of activities underway to support this. Our dual focus on diversity and inclusion as an employer and regulator means that we are embedding diversity and inclusion into who we are and what we do.
