A Look at Our Diversity, Equity and Inclusion
Cultivating a diverse and inclusive workplace
At LS&Co., we’re committed to creating a workplace where people from all backgrounds feel confident that their voices will be heard and their contributions welcomed. It’s not just the right thing to do — it’s a business imperative. We know that companies are stronger and more successful when they are diverse and inclusive.
Key Diversity, Equity and Inclusion Metrics
| Metric | 2021 |
|---|---|
| Executive Leadership Team | 61.5% women; 38.5% men |
| Top Management** | 42.6% women; 57.4% men |
| Corporate Employees | 55.4% women; 44.6% men |
| Frontline Workers | 58.2% women; 41.8% men |
| Metric | 2021 |
|---|---|
| Executive Leadership Team | 84.6% White 7.7%: Asian 7.7% Latinx |
| Top Management** | 64.9% White 15.7% Asian 9.4% Latinx 4.7% Black 2.1% Other BIPOC*** 3.2% no data |
| Corporate Employees | 50.7% White 23.3% Asian 11.5% Latinx 7.3% Black 4.5% Other BIPOC 2.7% no data |
| Frontline Workers | 31.1% White 36.8% Latinx 20.5% Black 5.2% Other BIPOC 5.3% Asian 1.1% no data |
| Metric | 2021 |
|---|---|
| Number of workshops and learning sessions offered | 75 |
| Number of active global learners across our corporate and retail populations | 12,926 |
| Number of translated languages for training | 20+ |
| Global completion rate achieved | 87% |
| Metric | 2021 |
|---|---|
| Number of formalized partnerships with organizations working to develop diverse talent pipelines in areas most relevant to LS&Co. | 13 |
| Number of established partnership programs | 10 |
| Number of hosted branding and recruiting events | 12 |
| Number of converted diverse applicants | 1,578 |
| Number of strategic partnerships of our key business functions: Design and Brand, Technology and our Digital Enterprise | 3 |
Diversity, Equity & Inclusion Impact Report
In 2022, we launched our first-ever annual Diversity, Equity & Inclusion Impact report. The report reflects our commitment to fully and transparently communicate our progress in making our company more diverse and inclusive. It includes details on our progress, including our hiring and retaining of talented professionals from underrepresented groups and our continued efforts to understand the identities, intersectionalities and experiences of our people across our corporate, retail, distribution centers and plants worldwide.
Please see our 2021 DE&I Impact Report for more information.
Global DE&I Strategy
Defining a clear, multi-faceted, global strategy was an imperative first step for us as we doubled down on our commitment to DE&I. Please see our 2021 DE&I Impact Report for more about our global DE&I strategy.
Representation
In 2021, we experienced growth across our corporate, distribution and retail populations. Although we saw a decrease in the overall percentage of representation for women, we made notable increases in their representation across our executive and top management levels. In the U.S., we’re also more diverse than a year ago, led by notable increases in our Black and Latinx populations.
Please see our 2021 DE&I Impact Report for more information on representation at LS&Co.
Read more about how we support employees in Employee Support and Development, which covers benefits, pay equity, employee resource groups and learning and development.
Global Training Initiative
In 2021, we introduced #thepledge, our global DE&I training initiative. #thepledge included targeted training efforts from our retail stores to our C-Suite.
Please see our 2021 DE&I Impact Report for more information on our global training initiative.
Diversity and University Recruiting
We formed a Diversity and University Recruiting team to focus on collaborating with our talent acquisition and DE&I teams to augment our hiring and ensure that we’re intentionally recruiting diverse talent and providing them with dynamic career growth opportunities.
To enable inclusive recruiting at LS&Co., our priority in 2021 was to lay the foundation for advancing our diversity hiring practices.
Please see our 2021 DE&I Impact Report for more about our recruiting practices.
Diversity Programs
In 2021, we focused our DE&I programs on three key areas:
- Building our capabilities
- Investing in our talent
- Driving equity
Please see our 2021 DE&I Impact Report for more about our programs.
What’s Next – Diversity, Equity and Inclusion
Moving into 2022 and beyond, we are committed to:
- Ensuring employees of all backgrounds, and with all types of experiences, have meaningful career opportunities at LS&Co., feel supported and see a path forward for growth.
- Improving how we track and measure impact, with an emphasis on better data and increased transparency.
- Developing stronger leaders with essential capabilities – including inclusive leadership, anti-bias and anti-racism practices.
- Growing as an industry leader in employee well-being by fostering a culture of empathy and implementing policies that support the diverse, holistic needs of all employees – so they can prioritize their wellness and well-being both inside and outside of work.
- Launching Diversity Action Plans – data-driven operational plans created to focus and shape action to drive DE&I, talent and culture on functional — and collectively on global — levels. Their purpose is to enable functional executives, their leadership teams and human resources partners to:
- Better understand their workforce and culture via analytics and insights
- Correlate and connect gaps and needs to strategy and action, driving action and improvement
- Empower and activate them with specific plans customized to meet their DE&I, talent and culture needs
- Establish ownership of their DE&I, talent and culture realities and goals
Please see our 2021 DE&I Impact Report for more about our continued commitment.
