For more than 175 years, New York Life has believed that the bonds of community can lift up all of its members, especially in times of need.
What is most important to our long track record of service, however, is that we are first and foremost a community of caring professionals. We empower each other and believe in our collective ability— and responsibility — to create better tomorrows in the world around us.
This shared spirit of community and responsibility is also what drives our broader approach to Diversity, Equity, and Inclusion (DE&I). Our 2022 DE&I Report provides you with a snapshot of the progress we’ve made this past year and our continued commitment to this important work.
More than 15 years ago, we established our Office of Diversity and Inclusion. Last year, we transformed it into the DE&I Center for Awareness and Advocacy to better support diverse employees in enhancing their professional strengths and expanding their career opportunities. And while we are proud to have the most diverse agency sales force in the industry, we are taking additional steps to advance equity and inclusion across our field force by fostering awareness of important DE&I topics and pathways to management positions.
When it comes to the community at large, the New York Life Foundation continues to put the power of our people and resources behind organizations that address economic and societal inequalities across our country. This year, the foundation added social justice as its third focus area, joining its long-standing pillars of childhood bereavement and educational enhancement for middle school students. The formalization of this new platform also complements our existing Impact Investment Initiative, which steers investment of our General Account to underserved and undercapitalized communities while earning market-rate investment returns.
You will learn more about these and other initiatives in the pages that follow. We sincerely appreciate your interest in our current efforts to foster diversity, equity, and inclusion in every community we serve. You can be certain we are committed to doing even more in the years ahead.
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