Our commitment to diversity, equity, and inclusion

At MassMutual, we are driven by shared values that help ensure we’re doing what’s right for our customers, workforce, and communities. Our commitment to being a diverse, equitable, and inclusive company does not waver and is non-negotiable. We stand firmly and act intentionally against racism and inequity in any form.

Building an inclusive culture

Our commitment focuses on education, action, and accountability. Our vision for a better world begins with creating a culture of inclusion and belonging at our company, valuing diverse backgrounds, experiences, and perspectives. It is an integral part of our purpose to help people secure their future and protect the ones they love.

“We want to be part of creating a sustainable world where more people have equitable access to the broadest range of economic and career opportunities to help them achieve financial security.”

Read more from our CEO, Roger Crandall, and Head of Diversity, Equity & Inclusion, Lorie Valle-Yañez.

We're putting in the work

We aim to create a workplace where employees from diverse backgrounds, cultures, and experiences are welcomed, valued, and heard. Specifically, we have focused on providing transformative education, creating shared accountability for our results, and increasing transparency about our employee demographics. We are pleased to share our journey and results.

All employees (5,874 YE 2020)

Women comprise over half of our workforce. We had a 14% increase in racial/ethnic diversity over the past three years, with most of the growth in the Asian community. Individuals with disabilities, veterans, and LGBTQ+ also grew over the same time period, increasing by 19%, 14%, and 18%, respectively.

Learn more about our workforce demographics.

Our commitment to address the systemic racial wealth disparities that have hindered communities of color for far too long will reach broader and deeper through:

Supplier diversity

Our supplier diversity program aligns with our core values and is focused on working with suppliers to help ensure their continued investment in diversity, equity, and inclusion within their businesses. Our strategy is also focused on increasing relationships with diverse-owned businesses while investing in programs that help diverse-owned businesses to grow and scale.

Investing in entrepreneurship

Our $50 million MassMutual Catalyst Fund, a hybrid investment, is committing $25 million to capital investments in Black-owned businesses in Massachusetts.

Learn more

Providing access to capital

Our separate investments with three to four African American, Latinx, and Indigenous managers of private equity funds will focus on revenue-generating enterprises that support minority communities through investment.

Part of our promise to Live Mutual is to help make our world a better place for all people

Grant news

The Healing Racism Institute of Pioneer Valley (HRIPV) has announced that it has received a $300,000 grant from the MassMutual Foundation, serving as lead gift for the launch of a $1 million three-year capital fund drive for the institute.