Championing Equity at LYB
LyondellBasell (LYB) is reinforcing its commitment to diversity, equity, and inclusion through its People and Culture Equity Committee. Established in 2023, this committee drives equity projects across the company. Key initiatives include:
1. Introducing an Equity Champion role in performance management
2. Conducting a comprehensive review of U.S. benefits programs through a DEI lens
3. Enhancing U.S. benefits offerings for 2024
4. Addressing equity issues in hiring, workplace flexibility, pay, and performance
LYB aims to create a culture where diversity, equity, and inclusion are as deeply embedded as safety. The company believes this approach fosters growth, collaboration, and innovation, ultimately contributing to its collective success.
LyondellBasell (LYB) sta rafforzando il suo impegno per la diversità, l'equità e l'inclusione attraverso il suo Comitato per l'Equità delle Persone e della Cultura. Istituito nel 2023, questo comitato promuove progetti di equità in tutta l'azienda. Le iniziative chiave includono:
1. Introduzione di un ruolo di Campione dell'Equità nella gestione delle performance
2. Condurre una revisione completa dei programmi di benefici negli Stati Uniti attraverso una prospettiva DEI
3. Migliorare l'offerta di benefici negli Stati Uniti per il 2024
4. Affrontare le questioni di equità nell'assunzione, nella flessibilità lavorativa, nella retribuzione e nelle performance
LYB mira a creare una cultura in cui diversità, equità e inclusione siano radicate profondamente tanto quanto la sicurezza. L'azienda crede che questo approccio favorisca la crescita, la collaborazione e l'innovazione, contribuendo infine al suo successo collettivo.
LyondellBasell (LYB) está reforzando su compromiso con la diversidad, la equidad y la inclusión a través de su Comité de Equidad de Personas y Cultura. Establecido en 2023, este comité impulsa proyectos de equidad en toda la empresa. Las iniciativas clave incluyen:
1. Introducir un rol de Campeón de la Equidad en la gestión del rendimiento
2. Realizar una revisión integral de los programas de beneficios en EE. UU. a través de una perspectiva DEI
3. Mejorar la oferta de beneficios en EE. UU. para 2024
4. Abordar cuestiones de equidad en la contratación, flexibilidad laboral, salario y rendimiento
LYB tiene como objetivo crear una cultura en la que la diversidad, la equidad y la inclusión estén tan arraigadas como la seguridad. La empresa cree que este enfoque fomenta el crecimiento, la colaboración y la innovación, contribuyendo en última instancia a su éxito colectivo.
LyondellBasell (LYB)는 인종, 성별 및 Inclusion을 진전시키기 위한 '사람 및 문화 평등 위원회'에서의 책임을 강화하고 있습니다. 2023년에 설립된 이 위원회는 회사 전반에 걸쳐 공평한 프로젝트를 추진합니다. 주요 이니셔티브는 다음과 같습니다:
1. 성과 관리에서 평등 옹호자 역할 도입
2. DEI 관점에서 미국 복지 프로그램의 종합적인 검토 실시
3. 2024년 미국 복리후생 개선
4. 채용, 근무 유연성, 급여 및 성과에 대한 공정성 문제 다루기
LYB는 다양성, 공정성 및 포함이 안전만큼이나 깊이 뿌리내린 문화를 만들고자 합니다. 회사는 이러한 접근이 성장, 협력 및 혁신을 촉진하며 궁극적으로 공동의 성공에 기여한다고 믿고 있습니다.
LyondellBasell (LYB) renforce son engagement en faveur de la diversité, l'équité et l'inclusion à travers son Comité de l'Équité des Personnes et de la Culture. Établi en 2023, ce comité mène des projets d'équité dans toute l'entreprise. Les initiatives clés comprennent :
1. Introduction d'un rôle de Champion de l'Équité dans la gestion des performances
2. Réalisation d'un examen complet des programmes d'avantages aux États-Unis sous un angle DEI
3. Amélioration des offres d'avantages aux États-Unis pour 2024
4. Traitement des questions d'équité dans le recrutement, la flexibilité au travail, la rémunération et la performance
LYB vise à créer une culture où la diversité, l'équité et l'inclusion sont aussi profondément ancrées que la sécurité. L'entreprise est convaincue que cette approche favorise la croissance, la collaboration et l'innovation, contribuant ainsi à son succès collectif.
LyondellBasell (LYB) verstärkt sein Engagement für Vielfalt, Chancengleichheit und Inklusion durch seinen Ausschuss für Menschen und Kultur. Gegründet im Jahr 2023, treibt dieser Ausschuss Projekte zur Chancengleichheit im gesamten Unternehmen voran. Zu den wichtigsten Initiativen gehören:
1. Einführung einer Rolle als Chenom der Chancengleichheit im Performance Management
2. Durchführung einer umfassenden Überprüfung der US-Benefits-Programme aus der DEI-Perspektive
3. Verbesserung des Angebots an US-Benefits für 2024
4. Behandlung von Chancengleichheitsfragen bei Einstellung, Arbeitsplatzflexibilität, Vergütung und Leistung
LYB hat das Ziel, eine Kultur zu schaffen, in der Vielfalt, Chancengleichheit und Inklusion so fest verankert sind wie Sicherheit. Das Unternehmen ist überzeugt, dass dieser Ansatz Wachstum, Zusammenarbeit und Innovation fördert, was letztlich zum kollektiven Erfolg beiträgt.
- Establishment of a dedicated People and Culture Equity Committee to drive equity initiatives
- Introduction of an Equity Champion role in the performance management process
- Comprehensive review of U.S. benefits programs through a DEI lens
- Significant enhancements to U.S. benefits offerings for 2024
- Plans to explore similar in-depth benefit reviews in other countries of operation
- None.
NORTHAMPTON, MA / ACCESSWIRE / September 16, 2024 / At LyondellBasell (LYB), we champion people by putting them at the heart of everything we do and by embracing a diverse, equitable and inclusive culture. One of the ways we reinforce our dedication to this LYB value is through our People and Culture Equity Committee. Equity is about providing everyone with the resources they need to succeed and ensuring that employees are treated fairly.
The role of the Equity Committee
In 2023, we established an Equity Committee comprised of all key functional groups in the People and Culture (P&C) function with the intention of leveraging the interconnectivity to create a path to greater equity and improve the understanding and impression of fairness among employees.
The committee was instrumental in driving the completion of the equity projects detailed in the 2023 Sustainability Report. For example, committee representatives from the Talent/Performance team introduced an Equity Champion role into the year-end performance management process to listen for equitable discussions on performance and help identify potential biases.
Also, committee representatives from our benefits team (Total Rewards) engaged an external consultant in 2023 to provide a holistic review of our U.S. benefits programs through a DEI lens. This provided an in-depth look at our U.S. healthcare, retirement, risk protection, time off, financial resilience, well-being perquisites, worksite resources and policies. We assessed benefit participation and affordability based on cohorts of interest (age, gender, race, location) and identified vulnerable populations to inform benefits review and opportunity prioritization. Following this review, LYB made a significant number of enhancements to our U.S. benefits offerings for 2024, and we are exploring options to conduct similar in-depth benefit reviews in other countries where we operate.
From hiring to workplace flexibility to pay and performance, this committee identifies and addresses equity issues by utilizing cross-collaborative expertise from all aspects of People & Culture, leadership and other business functions.
Why equity matters at LYB
Our vision for the future is that LYB is a place where there is genuine equal opportunity for all and diversity, equity and inclusion are embedded within our culture as deeply as safety. Our goals and strategies for creating a diverse, equitable and inclusive culture are intertwined. Developing such a culture fosters the growth of others, creating a harmonious environment that benefits everyone. Equitable practices level the playing field for all employees and establish a sense of fairness. This, in turn, creates an inclusive environment where everyone feels valued and encouraged to contribute to the company's collective success. An environment like this can boost collaboration, innovative thinking and allow for talent to be recruited, retained and advanced. The People and Culture Equity Committee's continuous effort to monitor and improve our systems ensures that equity is a living, evolving practice within LYB, which underscores our commitment to making our vision become our reality.
If you want to be a part of our cultural transformation, please visit the LYB careers page to find the opportunity that best fits you.
View additional multimedia and more ESG storytelling from LyondellBasell on 3blmedia.com.
Contact Info:
Spokesperson: LyondellBasell
Website: https://www.3blmedia.com/profiles/lyondellbasell
Email: info@3blmedia.com
SOURCE: LyondellBasell
View the original press release on accesswire.com
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