Our DEI Achievements Our people-centered approach led to external Black Insurance Industry Collective recognition for our DEI efforts. For six consecutive years, we’ve received a perfect score of 100 on the BIIC aims to accelerate the advancement of Human Rights Campaign Foundation’s Corporate Black professionals with the goal of increasing Equality Index. This acknowledges our commitment to BLACK representation of Black leaders in mid-level to corporate policies and practices related to workplace INSURANCE executive roles in the insurance industry. BIIC equity for LGBTQ+ people. In 2022, we scored 100% INDUSTRY offers: on the Disability Equality Index and our company was • A tailored leadership development program listed as a Best Place to Work for Disability Inclusion. COLLECTIVE for emerging leaders • Sponsorship and mentoring opportunities Dan McMillan, president and CEO of The Standard, The Standard is a founding sponsor of the Black is one of 2,400 CEOs who signed the CEO Action for • Educational webinars such as “Black Insurance Industry Collective, the frst industry- Diversity and Inclusion initiative. Dan has pledged to Authenticity at Work” and “An Overview of fueled effort solely dedicated to the development of cultivate open dialogue, provide training, share best Black professionals. Career Opportunities in Insurance” practices and engage our board of directors in our DEI • A four-day Executive Leadership Program work. “Whether you are a recent college graduate designed specifcally for Black professionals exploring career opportunities in the insurance in the industry Our Vision industry or a mid-level professional seeking DEI goes hand in hand with our people-centered opportunities to lead, great careers rarely happen This sponsorship is part of The Standard’s focus. We’re seeing it positively transform our by accident,” said Dickson Kamasale, senior multiyear commitment to increase representation business, industry and workplace. The Standard director of IT Finance at The Standard. “For Black and advancement of Black professionals in the is committed to building a better future for all our professionals, having access to supportive industry insurance industry. customers, communities and employees. To get there, networks, mentoring opportunities and training is we’ll continue to work toward greater DEI in all aspects critical.” of our business. In 2019, the percentage of Black Americans in the Diversity, Equity and Inclusion Steering insurance workforce was about 12.4%. A group of Committee racially diverse insurance industry leaders gathered The Standard’s Diversity, Equity and Inclusion Steering in 2020 to address the challenge and the result Committee, composed of senior leaders from across was the creation of BIIC. the company, was established in 2015. The committee ensures diversity and inclusion activities are aligned with The Standard’s overall business strategy and (continued on page 8) 2022 Environmental, Social and Governance Report 6
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