Diversity and Inclusion (D&I) is an important focus for our business and is at the heart of one of our company values – ‘we embrace difference’. We believe in the strength of a diverse and inclusive workforce where the backgrounds, perspectives and life experience of our people helps us deliver better outcomes for our business and our communities.
At Vicinity, Diversity and Inclusion is governed by the Diversity Forum, a management committee chaired by our CEO and Managing Director, responsible for leading, advocating and monitoring Vicinity’s diversity initiatives. Vicinity also has a Diversity Policy which demonstrates our commitment to diversity at all levels. We report on our progress in achieving our diversity objectives to Vicinity’s Remuneration and Human Resources Committee (a Board sub-committee) on a periodic basis and to our Board annually.
We measure our progress against the delivery of the Diversity and Inclusion Strategy through an annual company-wide Diversity Survey, most recently conducted in October 2018. Results from the survey demonstrated good engagement with the strategy amongst our people and helped us further refine our focus for FY20. Additionally, in October 2018 we launched our first demographic survey - an anonymous survey to better understand the demographics of Vicinity’s team members. The results were encouraging, with Vicinity largely representative of the Australian population. We will continue to run demographic surveys biennially.
Vicinity’s CEO and Managing Director, Grant Kelley, continued to be a member of the Property Male Champions of Change in FY19, a forum established to drive greater gender equality in the property industry and increase the number of women in leadership roles. Additionally, our CEO and Managing Director continues to act as a WGEA Pay Equity Ambassador.
Diversity & Inclusion Strategy
In FY19, Vicinity undertook a comprehensive review of its Diversity and Inclusion Strategy and activities. The review found the commitment to diversity and inclusion clearly aligned with Vicinity’s organisational purpose, values and strategy, with significant activity undertaken in recent years.
The review also found an opportunity to broaden the reach and focus of its activities and in October 2018, Vicinity approved a new Diversity & Inclusion Strategy. This new approach has broadened the focus of Diversity to incorporate Disability and Accessibility, Cultural Inclusion and LGBTIQ+ in addition to the pre-existing focuses on Gender and Indigenous via the Reconciliation Action Plan.
As part of this new approach, in FY19 Vicinity became members of the Australian Network on Disability, Pride in Diversity and Inclusive Australia as well as remaining an active member of the Diversity Council and Property Male Champions of Change.