Page 40 - CRISIL ESG Report 2023

Diversity, equity and inclusion
CRISIL’s Diversity Statement
We all thrive when each of us brings our true, whole, human self to work. Diversity unlocks opportunity, inclusion drives growth, and together they spark innovation, unleashing potential in each of us, for all of us.
The spirit of DE&I has been the bedrock of CRISIL’s growth story. It shapes the value proposition for our employees as we actively embrace a culture that values diversity and equity with meritocracy. In 2023, we used the recommendations of the DE&I taskforce set up in 2022 to further enhance inclusion at CRISIL. One such key initiative was commencing the Eskalera journey for CRISIL employees. Eskalera is an online learning platform designed to cultivate a more productive and inclusive work culture through upskilling, human connection and actionable data.
In 2023, we continued to focus on leadership development of diverse groups, incorporating inclusion as a key theme in our
flagship development programmes. We also participated in external programmes to bring in an outside-in perspective, particularly in the context of building a leadership pipeline, understanding global best practices and providing best-in- class development opportunities to our people. Initiatives such as speed mentoring, workshops on enhancing intercultural competency and celebration of events related to various dimensions of diversity were planned with a wider footprint. All this created a gently encouraging and supportive environment, which probably also gave confidence to a couple of our employees to come out of the closet last year.
DE&I is also a key parameter in the balanced scorecard for CRISIL businesses.
CRISIL’s DEI page
Our metrics on representation, hiring, growth and retention of diverse groups continued to improve last year. DE&I continues to be a part of our mandatory courses, encompassing policies and related practices, equal opportunity, health and safety. These are designed for both new hires (to enhance awareness) and existing employees (as refresher sessions).
External awards recognising the DE&I index at CRISIL
India’s Best Workplaces for Women, Top 100 | Large, Great Place to Work by the Great Place to Work® Institute
CRISIL continued
to be certified as a Great WorkplaceTM by the Great Place to Work® Institute
CRISIL received ‘Bronze’ employer title in India Workplace Equality Index (IWEI) 2023
CRISIL recognised as one of the “Best Organisations for Women 2023, The Economic Times”
Employee engagement score for DEI* is 88%
*Employee engagement score for DE&I (Diversity, Equity, Inclusion): Average % favourable response in employee engagement survey for DE&I specific questions.
38 ESG Report 2023
Social Capital