Regions Bank has introduced these three areas of impact that speak to the outcomes of the company’s diversity, equity and inclusion (DEI) strategy and support its overall business objectives.
“Our experience has shown us the greatest opportunities we have to make a difference are in the areas where we already are. It’s in how we interact with our teammates, serve our customers, and fulfill our mission to make life better for the communities we serve,” said Clara Green, head of Diversity, Equity and Inclusion for Regions Bank. “I’m proud of the culture our teams have built together, and the DEI areas of impact are really the next level of this work.”
DEI activities at Regions are focused on these three areas of impact: workforce, workplace and marketplace. The result is a stronger business that is better able to grow and reach more customers, while ensuring all members of its workforce have a seat at the table.
In this video, Green shares more about the DEI areas of impact.
Workforce: View diverse talent as a competitive advantage, with the goal of attracting, developing, and retaining this population.
Regions’ engagement with Historically Black Colleges and Universities (HBCUs), including efforts to recruit talent from these institutions, is one example of the bank’s workforce focus. This subject and others were the topic of a recent conversation with HBCU Presidents hosted by the Regions DEI team.
Workplace: Create a work environment that is inclusive and equitable, where associates are encouraged to collaborate across differences.
Regions has established Diversity, Equity and Inclusion networks in the markets the bank serves. These internal networks encourage collaboration, understanding and belonging among associates at a local level. The bank values the contributions of all associates from all backgrounds, and our local DEI networks bring colleagues to the table in ways that foster greater collaboration, effectiveness and understanding as a team.
Marketplace: Utilize DEI and social responsibility focus to strengthen our relationships with communities, clients, customers, and external stakeholders.
Regions operates in unique and vibrant cities, towns and neighborhoods across its 15-state retail banking footprint and beyond. Being a diverse, equitable and inclusive company helps Regions better serve its customers and communities.
Regions Bank and the Regions Foundation, a nonprofit that makes community investments and is primarily funded by the bank, support community partners that advance priorities like workforce development, education, financial wellness, economic development and more.
As an example, Regions Bank associates in Mississippi are collaborating with the Boys & Girls Clubs to provide financial literacy activities for youth – one of many examples of impacting the marketplace for good.
The result is more people in more communities are connected with opportunities for success – and that, in turn, makes communities stronger.
Read more about culture and DEI areas of impact at Regions: