2022-10-27 | NYSE:FDX | Pers conference | Biden News

2022-10-27 |  NYSE:FDX |  Pers conference

 | Biden News

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NORTHAMPTON, MA / ACCESSWIRE / October 27, 2022 / As a global company, we see the tremendous value of business and community in the diversity of perspectives and experiences that our team members bring to the workplace every day. We are committed to embracing DEI so that everyone feels valued and valued. While we are proud of what we have accomplished over our nearly 50 year history, we know that DEI must always be at the forefront of our business strategy.

In 2020, we established four consistent strategic pillars across our company to frame our DEI work and share our progress: Our People; Our Education and Engagement; Our Community, Customers and Suppliers; and Our Story. This year, we continue to align our strategy with these pillars by investing in programs, initiatives and people across our workforce, culture, markets and communities.

our people

The most important outcome of our DEI efforts is the creation of opportunities for our team members to grow and advance their careers. We actively invest in recruiting, developing and retaining a diverse workforce that reflects the communities we serve. At FY21, our operating companies collaboratively participate in five company-wide recruitment events, partnering with the National Black MBA Association, Society for Women Engineers, Hiring Our Heroes, Society of Hispanic Professional Engineers, and Society of Asian Scientists and Engineers to diversify the talent pool. our external. We’re evaluating how to expand and connect with more groups at the enterprise level.

Our operating companies continue to advance and update their initiatives to support our DEI strategy this year. FedEx Ground’s workforce career path program, Purple Pathways, targets the career growth and engagement of frontline managers and handlers of our most diverse population-package. More than 11,000 team members are registered for the program, with more than 500 Purple Pathways mentors. FedEx Express launches OnDeck, a training and development program that equips frontline workers with the skills to prepare for management roles.

See the Data appendix for statistics on gender, race/ethnicity and generational diversity in our workplace. To continue our efforts for transparency regarding the composition of our workforce, in 2021 we began reporting on the previous year’s gender, racial, and ethnic composition of our US workforce by EEO-1 job category, as set out in the consolidated EEO-1 Report submitted by FedEx. and its subsidiaries operating with the Equal Employment Opportunity Commission.

Our education and engagement

We strive to have a workplace where team members can bring their whole and best selves to work. Through education, training, regular communication and resources, our team members are encouraged to maintain an open dialogue that leads to an inclusive environment.

Across our operating companies, our team members participate in employee-led business resource teams, employee networks, and affinity groups that help recruit, develop, and retain talent, create connections, and build community. Many networks are available to team members, including, but not limited to: Women in Leadership, Black Professionals Network, Hispanic Action Network, All-Generations, Multi-Ethnic Leadership Community, Asian Network, Women Leading Change, LGBT & Friends, US Military Veterans , Growing Professionals, Parents Working Together, Enabling Networks, Inclusive Leading Men, Multi-Faith Networks, and many others.

We continued to improve DEI education for team members this year by providing micro-learning DEI content across our operating companies. The DEI Real Talk Speaker Series, for officers and directors across the company, is designed to encourage acceptance, promote anti-bias, and promote a more inclusive society. FedEx Ground launches Real Conversation SVP to prepare participants for the next level of leadership through forums hosted by Senior Vice Presidents. FedEx Ground also hosts several Brave Conversation sessions where team leaders and members openly discuss DEI topics. FedEx Freight launches The Culture Brief & DEI Tune-Up email and podcast to provide leaders with brief content on DEI topics.

This year, FedEx Services included five DEI questions in its engagement survey to capture team members’ perspectives on inclusion in the workplace. This overall inclusion index shows a liking rating of 92% and approximately 13,500 team members completed the survey. FedEx Ground also included DEI engagement questions in its annual engagement survey and added DEI as a standard objective in the FY22 team members’ annual performance review process. FedEx Express launched the Convene program, in which a rotating group of four vice president-level diversity sponsors guides other team members through a virtual mentoring program.

Our commitment to diversity starts at the top

The FedEx Board of Directors includes 12 directors, four of whom are women and four of whom are ethnically diverse. In the US, women represent 27% of FedEx management employees, while 41% of management employees are a minority.

Our community, customers and suppliers Our commitment to DEI extends beyond our business—it’s the investments we make to serve and support our communities, customers and suppliers. We are proud to have contributed over $7 million to nonprofit organizations focused on supporting DEI in FY21.

We provide more than $1 million per year to leadership development programs in the US, primarily through seven scholarship funds. We also sponsor award-winning scholarships at four Historically Black Colleges and Universities (HBCU): Tennessee State University, Jackson State University, LeMoyne-Owen College, and Mississippi Valley State University. This fund provides scholarships that range from $1,000 to $25,000 per year to more than 120 undergraduates and students across a variety of STEM, business, and specialist disciplines.

This year, we are continuing our longstanding support for HBCUs by providing $5 million to a group of HBCUs across the country to help prepare students for the world of work beyond formal education. Additionally, in 2022 we launched the FedEx-HBCU Student Ambassador Program, which will prepare students at HBCU to become tomorrow’s leaders by interacting with FedEx executives and building career-ready leadership and skills.

Across the companies that operate and work with key organizations, we recruit candidates from a variety of backgrounds to build a workforce that reflects the world and the communities we serve. The FedEx Services College Connection Program builds relationships with campuses near key FedEx Services areas to compete effectively for talent. FedEx Freight implements the “Meeting Room Experience” to introduce black, Hispanic, and other students of color to possible careers at FedEx through simulated board meetings. In addition, FedEx Ground created a six-session High School Pathway program to expose high school students to a variety of FedEx Ground careers and prepare them for the transition from high school to the workforce.

In June, our operating company came together for Pride Month by creating a leadership-led video series demonstrating our commitment to the LGBTQ+ community, designing the FedEx Cares Pride logo, and introducing pronouns into our email signature lines. We also pledged $2.5 million to The Asian American Foundation to support Asian American and Pacific Islander communities across the US. We pride ourselves on supporting diverse businesses and knowing that our suppliers enable us to better serve our customers and compete more effectively in the global marketplace. We established our Supplier Diversity program in 1992 to formalize our commitment to a supply chain that intentionally develops small and minority-owned businesses. Additionally, in the US, FedEx has been hosting Small Business Grant Contests for the past 10 years.

In 2021, we awarded more than $250,000 in grants and prizes to contest winners – of which 50% went to minority-owned businesses and over 75% went to women-owned businesses. To learn more about our Supplier Diversity program, please see our supply chain section of this report.

Our story

FedEx amplifies team member stories to celebrate our differences and promote DEI’s efforts company-wide. Our DEI Depot is a companywide online platform where team members can access DEI resources, events and team member stories. FedEx Corporate, FedEx Express, FedEx Ground, and FedEx Services circulate quarterly DEI Downloads newsletters, which provide managers and leaders with useful insights and resources to promote the DEI conversation within their teams. FedEx Ground also hosts a simulated talk show, Get REAL (Revealing Opportunities, Elevating Equity, Activating Engagement, Leading Inclusive) that invites guests to dare to share their unique stories.

Read more here

FedEx Corporation, Thursday, October 27, 2022, Press release image

See additional multimedia and more ESG stories from FedEx Corporation at 3blmedia.com.

Contact info:

Spokesperson: FedEx Corporation

Website: http://www.fedex.com

Email: info@3blmedia.com

SOURCE: FedEx Company

Check out the source version on accesswire.com:

https://www.accesswire.com/722669/Diversity-Equity-and-Inclusion-Create-Opportunity-at-FedEx

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