Diversity, equity and inclusion

Our commitment to cultural diversity and racial equity

As a global organisation, we acknowledge the importance, necessity and benefit of racial equity and cultural diversity in the workforce.

Our success has been driven by the unique ideas and perspectives of our diverse workforce. As a services business, the diversity of our employees is one of our greatest strengths. We take an active and localised approach – recognising that each of the regions in which we operate is unique – and tailor our activity and support to drive real change in our communities.

Australia and New Zealand

36

individuals from asylum seeker and refugee backgrounds undertook paid internships in the 2021 Summer Career Seekers Program

32

Macquarie secondees have participated in the Jawun Secondment Program since 2014

14

Aboriginal and Torres Strait Islander interns were recruited into the 2021 Summer Career Tracker Program

In conversation with Lakkari Pitt

To mark the launch of our Reconciliation Action Plan, Holly Johnson, Macquarie's Reconciliation Manager, was joined in conversation by Lakkari Pitt, the Gamilaroi Ularoi artist who created our Reconciliation Action Plan artwork. Lakkari distilled our commitment into an artwork which demonstrates the contributions our employees can make to reconciliation – no matter their role. 

Carlos Barrios from Macquarie’s Banking and Financial Services Group and a member of the First Nations ENG, together with Tribal Warrior, the indigenous organisation that held a smoking ceremony in the station caverns, May 2021.
Macquarie is a proud member of Supply Nation. The Sydney Metro Martin Place project delivers on government-funded spending targets of more than

$A10m

allocated to indigenous suppliers.*

Americas

Growing our talent pipeline of Black and Latinx students

enabled through partnerships with JopwellSEO and Hive Diversity

Providing support, advocacy, safe spaces and education

through our Employee Network Groups (ENGs), Black Employees at Macquarie (BE@M) and Unity, our multicultural ENG, connecting and empowering colleagues of different races, ethnicities and cultures

$US5 million committed

to a multi-year Racial Equity Fund to support community groups working to promote racial equity in the US

Fostering an inclusive culture

with a focus on building inclusive leadership capabilities through our Americas-wide Inclusive Leadership Masterclasses and Inclusion Speaker series

Across the Americas, Macquarie is deeply committed to accelerating diversity, equity and inclusion initiatives, both inside our organisation and within our communities through the Racial Equity Fund. We embrace diversity as a strength with the aim of building a stronger business and better future for all."

Shawn Lytle
Head of Americas
Read Shawn’s personal take on Juneteenth and racial injustice in America

Macquarie is also a member of #TheEquityCollective, a diversity-driven collaboration between 23 wealth and asset management firms to develop and enhance the next generation of industry leaders.


Europe, the Middle East and Africa

Recognised as a Top 10

Outstanding Employer Awarded at the Ethnicity Awards

50% of our 2022 graduates and interns

are from ethnic minority backgrounds

Macquarie is proud to be recognised as an Outstanding Employer within the 2022 Ethnicity Awards. Racial equity has been, and continues to be, an important priority as part of our wider Diversity, Equity and Inclusion Strategy. We are committed to doing more to create equity.”

Paul Plewman
Head of EMEA

Expanding opportunities

The Baobab Foundation – aims to significantly scale resourcing to Black and Global Majority communities in the UK, contributing to wealth redistribution, equitable access, solidarity and sustainability. Our funding supports the creation of an unprecedented ‘by and for’ led funding organisation with communities at the heart of decision making.


Asia

Ranked in the Best 100

Companies for women in India1

800+

culturally diverse women in Asia encouraged to pursue STEM through partnership with Girls Go Tech

Cultural training

facilitating cultural awareness and agility training with a focus on cultural elements of markets in Asia

Asia is one of the most culturally and ethnically diverse regions in the world. The differing perspectives, experiences and cultures of our teams is critical to ensuring our business is representative of the communities in which we live and work."

Verena Lim
Asia CEO

The diversity of our people is one of our greatest strengths. An inclusive workplace enables us to deliver more innovative and sustainable solutions for our clients, shareholders, communities and our people.

Our strategy encompasses three pillars, building on our progress and challenging ourselves to do better:

Our diverse people

Building a workforce that harnesses a range of perspectives, ideas, and insights in everything we do.

Our equity commitment

Achieving equitable outcomes by removing barriers and valuing differences, enabling everyone to be included and to reach their full potential.

Our inclusive culture

Creating an environment where people are respected for their uniqueness, valued for their contributions and celebrated for being their authentic selves.

All data accurate as of 19 September 2021.

*NSW Government Aboriginal Procurement Policy target is between 1.5 per cent and 3 per cent spend with indigenous suppliers. At 1.5 per cent total this will be approx. $A10 million reportable spend.

1. Working Mother & Avatar, 2022