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Jun 23, 2022
Diversity in business
4 min read

5 ways to enhance diversity at your business 

The power of inclusion can make incredible things happen.

Inclusion has power. You’ll hear these words often at CWB. Not just because it’s a value we strive to live every day, or because being inclusive goes hand-in-hand with being a good human.

But because as a bank for business owners we also believe that those who prioritize diversity, equity and inclusion in their business strategy will have a competitive edge in today’s economy.

Creating welcoming spaces where our employees can connect, grow, and thrive – and where our clients feel safe and valued – is near to our hearts. So is supporting the efforts of business owners and organizations who embrace and celebrate peoples’ differences. 

Below we’ve rounded up five articles to help inspire, learn, and put words into action. Together let’s celebrate and advance the richness that diversity and multiculturalism bring to the fabric of our lives, work, and places we call home – and the power of inclusion to make incredible things happen.

 

1. 5 best practices for being an inclusive employer and why it’s important to your talent pipeline
Over 400,000 new Canadians moved to the country in 2021 and new immigrants today make up more than 20 per cent of our population. This presents both an incredibly rich applicant pool and the need for strong diversity and inclusion workplace practices.

Inclusion is not only essential to being a good employer, but it can – and should – also play an important role in the attraction, growth, and retention of your people. This article provides key takeaways to help business owners ensure diversity and inclusion are woven into how they hire, retain, and promote talent.

2. Employee Represented Group aspires to greater inclusion and intersectionality at work and in the community
“We aspire to inspire others. My wish is to see people from other cultures in the organization get involved too so they can share their traditions.” CWB ASPIRE is an Employee Represented Group (ERG) who’s name stands for Asian, South Asian and Pacific Islanders Rallying for Equality. Here, members share how coming together around a common objective is one of the most powerful ways to make progress on inclusion, diversity, and equity. 

3. “Names are the sweetest and most important sound in any language."
“Not a day has gone by since that beautiful fall evening that I haven’t thought of how my life has changed.” Charity, a cash management specialist with our Lethbridge Banking Centre team, always had a deep interest and admiration for Indigenous culture. So when the opportunity arose last year to join CWB Sharing Circle, a new Employee Represented Group in support of Indigenous Peoples and Allies, she was excited to get involved. Here she tells the story of how it led to an experience that will live in her heart forever.

4. Gift boxes showcase aspiring entrepreneurs
DIVERSEcity Community Resources Society is a Surrey-based non-profit that helps newcomers and other diverse communities build their lives in Canada. The Infinity Gift Box is a collaborative project that highlights the passion products of up-and-coming business owners in the organization’s Business Incubator for Women Makers and Creators – a CWB-supported program that turns creative talents into entrepreneurship.

5. 5 steps towards achieving a culturally inclusive workplace
“There’s an inherent bias towards the ‘Canadian employment experience’. Our role is to help employers see that newcomers bring a breadth and depth of experience that others may not.” Achēv is a leading charitable organization in the Greater Toronto Area (GTA) delivering employment, newcomer, language and youth services. CEO Tonie Chaltas shares tips on how businesses can get to work on creating an inclusive environment for their employees.

 

CWB’s commitment to inclusion

Learn more about how we’re bringing our inclusion has power value to life at work.