The Competitive Advantage of 多样性 and 包容 in the Workplace

Employee resource groups create cultures that value and celebrate differences, leading to more dynamic and successful work environments.

多样性 and inclusion are essential for any organization's success. 在Wabtec, we focus on diversity and inclusion programs, including employee resource groups (ERGs), to gain a competitive edge in the markets we serve. Our ERGs have experienced significant growth, with a 248% increase in membership over four years, from 819 members in 2020 to 2,854 members in 2023. These members are in 40 countries and embody our company's value of "Embrace 多样性" by being passionate advocates for 包容性. 

Research shows that diverse teams correlate with profitability and 创新. The 2023 McKinsey 多样性 Equity 包容 Lighthouses Report reveals that companies with diverse teams are 35% more likely to outperform competitors in profitability. Gender-diverse executive teams have a 39% chance of outperforming competitors, up from 15%. Diverse leadership teams have higher financial returns, and ethnic diversity contributes to a 39% increased likelihood of outperformance. Advocating for transformative change in organizations is crucial to making diversity matter more.

Joining any ERG can empower you to drive social impact within your local communities through volunteer activities. Each of Wabtec’s ERGs promotes diversity, 创新, 包容性, and community engagement, and significantly enhances our corporate culture. ERGs play a vital role in shaping the future of work by ensuring that workplaces reflect the richness of our global society. 在Wabtec, our ERGs support allyship, external engagement, leadership connection, and community building. If you want to be part of an organization that values diversity and 包容性, and empowers its employees to make a difference, we encourage you to consider finding your next opportunity at Wabtec, and then join one of our seven ERGs.

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