STAMFORD, Conn. – May 22, 2023 – Today, Synchrony released its Diversity Report, which highlights the company’s progress around its data-driven approach to hiring and developing diverse talent.
“Synchrony is committed to advancing equity, diversity and inclusion which is why we made it a strategic business imperative,” said Brian Doubles, President and CEO of Synchrony. “In 2020, we looked at our data and realized we hadn’t made nearly enough progress. That’s when we changed our approach. We rethought the way we hire and advance diverse talent. We evolved how we measure outcomes and hold ourselves accountable for progress.”
Cultivating an equitable, diverse and inclusive culture for all
The report details the company’s vision for progress towards a more equitable and inclusive future which include:
Additional highlights from Synchrony’s Diversity Report include:
Synchrony employees participated in a volunteer event where they assembled 10,000 activity kits that included financial education resources to support Chicago, IL elementary and college students. This is part of the company’s Global Diversity Experience where employees engaged in panel discussions, workshops and community service initiatives. (Photo credit: TheWrightVision for Synchrony)
Synchrony’s Chief Diversity, Inclusion and Corporate Responsibility Officer Michael Matthews (left) and Synchrony CEO Brian Doubles (right) highlighted the company’s progress in advancing equity at its 2023 Global Diversity Experience. This year’s theme highlighted the need to see, feel and do “more” to drive meaningful and lasting change. (Photo credit: TheWrightVision for Synchrony)
Synchrony CEO Brian Doubles (center) congratulated recipients of the company’s 2023 Global Diversity Network Awards for their leadership in supporting employees across Synchrony’s eight Diversity Networks. (Photo credit: The WrightVision for Synchrony)
“Synchrony is committed to advancing equity, diversity and inclusion which is why we made it a strategic business imperative.” – Synchrony CEO Brian Doubles
Synchrony's Diversity Report reinforces equity, diversity and inclusion as a business imperative.
Synchrony Diversity Report 2022
Synchrony’s Global Diversity Experience
During last week’s Synchrony Global Diversity Experience, Brian Doubles and Michael Matthews, Synchrony’s Chief Diversity, Inclusion and Corporate Responsibility Officer, discussed the company’s progress in growing diverse representation, building an inclusive culture that drives innovation and increasing opportunities for underserved communities.
“We lead with equity in everything we do,” Matthews said. “Our focus will remain steadfast on driving systemic, actionable change within our workforce and in our communities. We still have a long road ahead, but we are energized by the progress made, the momentum we built and the commitment we have to continue.”
Hundreds of employees participated in the three-day event with the company’s Board members, executives and Diversity Network leaders in Chicago, and thousands more joined from more than 20 Synchrony locations around the globe and virtually from their homes. This year’s theme highlighted the need to see, feel and do “more” to drive meaningful and continuous, lasting change.
Synchrony hosted thought-provoking keynote and panel discussions, including conversations with DJ Casto, Synchrony’s Chief Human Resources Officer and Arianna Huffington, Founder and CEO of Thrive Global; Michelle MiJung Kim, social justice activist and author of The Wake Up: Closing the Gap Between Good Intentions and Real Change; Francisco Cantú, writer and author of The Line Becomes a River; and Javier Zamora, poet and author of the memoir Solito, along with diverse Synchrony leaders.
Employees also volunteered in community service projects to support their local communities. Students from the nonprofit buildOn kicked off a volunteer event where Synchrony employees assembled 10,000 kits (which include financial education resources) for elementary and college students. In addition, Synchrony donated 10,000 soccer balls to local Chicago nonprofits.
Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally-enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which we refer to as our “partners.” We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences. We offer the right financing products to the right customers in their channel of choice. For more information, visit www.synchrony.com and Twitter: @Synchrony.