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.
“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.
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.
Women comprise more than half of our workforce, and 41% of our leaders. We had a 19% increase in racial/ethnic diversity over the past three years, with a 28% increase in the racial/ethnic diversity of leaders for the same time period.
Our $50 million MassMutual Catalyst Fund, a hybrid investment, is committing $25 million to capital investments in Black-owned businesses in Massachusetts.
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.