'We have learned so much during the past 12 months and have truly changed how we work as an organization,' said Greg Cunningham, senior executive vice president and chief diversity officer. 'The entire company and people from every area of the business are now part of the solution. Our goal is to achieve economic inclusion, bringing our core competency as a bank to help address the wealth disparities, and underlying systemic problems that prevent economic mobility for everyone. There is so much yet to do.'
What's next
Financial inclusion
U.S. Bank will focus on financial inclusion, by:
- Increasing access to capital in underserved communities through expansion of products, services and investments in small business.
- Allocating 75% of U.S. Bank Foundation grants and corporate contributions to diverse populations.
- Providing financial education for employees and communities focused on improving outcomes for diverse populations and exploring expansion of place-based investment strategy.
Employees
U.S. Bank will continue to increase opportunities for diverse employees, by:
- Increasing representation of women and professionals of color at executive levels and strengthen the pipeline through recruitment, retention and advancement of top talent.
- Holding leaders accountable for visible and measurable talent outcomes.
- Driving a culture that ensures an inclusive employee experience and equitable access to opportunities through courageous conversations, Business Resource Groups, sponsorship and education.
Contact information for small businesses
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U.S. Bancorp published this content on 30 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2021 08:59:01 UTC.