How PwC is evolving and enhancing our approach to Inclusion

Group of men and women having a meeting
  • Insight
  • 5 minute read
  • March 07, 2024

Our continued focus on gender equity is an integral part of our PwC Global Inclusion First Strategy and this year, we mark International Women’s Day with the release of our #InclusionMatters global research. 

by Marc Borggreven, Aoife Flood, Kathy Kavanagh and Lynn Rossouw

During 2022 we launched our PwC Global Inclusion First Strategy, our action plan to do more, be more, and affect more Inclusion and Diversity (I&D) change within and beyond PwC. Our continued focus on gender equity is an integral part of this strategy and this year, we mark International Women’s Day with the release of our #InclusionMatters global research

Through an Inclusion Index measuring three key dimensions of workplace inclusion, this research reveals a statistically significant gender gap, with men feeling higher levels of workplace inclusion than women. The findings also confirm that while inclusion at work is empowering and beneficial for all; at a time when global progress on the pervading gender representation gaps in upper management and leadership positions remains consistently slow, they are critically important for organisations seeking to advance gender diversity. Our research highlights that women with higher inclusion scores are significantly more likely to lean into advancement and development opportunities, and have lower intent to leave their current employers. The chart below highlights the many impact benefits of higher levels of workplace inclusion for women.
 

Putting Inclusion at the forefront of our Inclusion and Diversity strategy

At PwC, we recognise that a continued focus on diversity is vital. However, in response to a rapidly-shifting world and the impact of megatrends, we reframed our I&D strategy in late 2022 – putting Inclusion at the forefront. As part of this, we foster a culture where our diverse community of solvers feel they truly belong, and where we’re recognised as an inclusive employer of choice. And it all starts with our focus on inclusive systems and behaviours. 

What does this mean? Primarily, enhancing the breadth and depth of our network-wide skills and mindsets that drive inclusive leadership and teamwork. We’re also embedding enhanced inclusion and diversity aspects into our existing or newly-developed systems, policies and processes across the PwC network. By aligning with stakeholders throughout our business, we can support impactful I&D interventions that span every stage of our employee and business life cycles; further embedding I&D within PwC’s DNA. 

For our Inclusion First strategy to truly take root, I&D must be seen as fundamental to our success and woven into the fabric of our business, client and workforce strategies. We’re making this happen in many different ways. An example? I&D is an inherent and mutually reinforcing part of our Values, Purpose and our The New Equation business strategy. Another? We focus on accountability and measurement through our Key Performance Indicators (KPIs) – five of which focus on gender – and an I&D Index in our annual Global People Survey. Furthermore, our Global I&D Council and Territory Inclusion Leaders work continuously with key stakeholders and Human Capital across the business to embed I&D in our people and business activities and processes.

Creating trusted leaders at all levels

We recognise that solving the challenges of tomorrow requires a different way of thinking and different behaviours. Leaders will require new and different skills to lead through and manage uncertainty, foster inclusive cultures, and support transformation to achieve sustained outcomes. In light of this, we’ve embarked on a journey to evolve our behaviour framework, which shapes the behaviours we expect from all of our people to lead and deliver value. Never before have inclusion and diversity elements been so ingrained in these expected behaviours – and ultimately in how we will hire, develop, reward and progress our people in the future. A particular highlight is the inclusion of allyship as an expected behaviour for the first time. 

This embedding is underpinned by our view that inclusiveness is a non-negotiable aspect of our behaviours– and reinforced by our commitment to creating trusted leaders at all levels through an ongoing upskilling journey. As a first step on this journey, we’ve developed an innovative Inclusive Mindset knowledge badge designed to enhance our people’s ability to listen to those around us, learn from the experiences of others, and create change through our everyday actions. Inclusive Mindset is PwC’s first global knowledge badge centred on human skills, sending an important signal to our leaders and people that I&D is a business imperative. Through a variety of learning content, scenario-based exercises, personal reflection and interactive discussions, this curriculum empowers our people to be more trusted leaders, whatever their role. 

While we’re still at an early stage in our Inclusion upskilling journey, the impact of Inclusive Mindset is already being felt. We’ve already engaged almost 150,000 of our people across 140 countries with this learning – over 30% of our workforce. Our people, at all levels, are saying that it’s some of the most thought provoking learning they’ve ever experienced, while providing them with the tools to practise greater levels of everyday inclusion. Formal feedback has also been exceptional, and while we can’t point to a direct causal link, the first two years of Inclusive Mindset have seen our key I&D people scores increase significantly.

91%

Learners who agree Inclusive Mindset will strengthen the culture of inclusion and belonging at PwC

PwC Inclusive Mindset evaluation data
92%

Learners who agree Inclusive Mindset enhanced their ability to practise more inclusive behaviours in their day-to-day interactions

PwC Inclusive Mindset evaluation data
80%

People who agree the leaders they work with actively build a diverse and inclusive work environment (+6 points from 2011)

PwC Global People Survey, 2023
79%

People who agree they feel like they belong at PwC (+6 points from 2011)

PwC Global People Survey, 2023

Continuing the journey

Our inclusion upskilling journey only continues to grow. Going forward, we’re committed to increasing learner engagement with Inclusive Mindset. We have also embarked on the next stage of the journey by developing an Inclusive Culture skill badge. And we’ll continue to execute on our Global Inclusion First strategy, bringing inclusion to life through a focus on inclusive systems and behaviours. Looking at our progress to date, we’re proud that our PwC belonging scores far exceed the external benchmarks identified in our #InclusionMatters research. But we recognise that we still have a lot more work we want to do. 

Crucially, we remain totally committed to keeping Inclusion front and centre as a catalyst to drive the empowerment, advancement and inclusion of women – and indeed all other underrepresented talent. Because we know inclusion matters! 

Learn more about the research

Read our full #InclusionMatters research insights

Authors

Marc Borggreven

Marc Borggreven, is PwC’s Global Human Capital Leader. Based in Amsterdam, he is a partner with PwC Netherlands.

Aoife Flood

Aoife Flood, is a member of PwC’s global Inclusion & Diversity (I&D) team, leading on I&D strategy, upskilling, awareness and gender equity efforts. Based in Dublin she is a senior manager with PwC Ireland (Republic of).

Kathryn Kavanagh

Kathryn Kavanagh, is PwC’s Global HC Development Leader and part of the Global Human Capital Leadership Team. Kathy has extensive experience in all areas of Human Capital, based in Boston, she is a managing director at PwC US.

Lynn Rossouw

Lynn Rossouw, is PwC’s Global HC Inclusion leader and holds a seat on the Global Human Capital Leadership Team. Lynn has extensive international Human Capital experience, including globally focused, and UK and Africa based roles. Based in London she is a director with PwC UK.

More #InclusionMatters research insights

Inclusion Matters insights

Explore research based insights on workplace inclusion, and its specific impacts on women at work.

PwC’s Inclusion First strategy

At PwC, our Inclusion First strategy is for our people, our clients and our world. Learn more about our approach to Inclusion and Diversity.

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