Lloyds Banking Group Recognized as First UK Bank with Fertility Friendly Employer Accreditation for Inclusive Workplace Policies

Lloyds Banking Group Recognized as First UK Bank with Fertility Friendly Employer Accreditation for Inclusive Workplace Policies

(IN BRIEF) Lloyds Banking Group has become the first UK bank to earn the Fertility Friendly Employer Accreditation, demonstrating its commitment to supporting employees through fertility-related challenges. Awarded by Fertility Matters at Work, the accreditation recognizes Lloyds’ policies on fertility treatment leave, pregnancy loss support, and DE&I initiatives that foster an inclusive work environment. This achievement highlights Lloyds’ role as a leader in family-friendly workplace policies within the banking sector.

(PRESS RELEASE) LONDON, 5-Nov-2024 — /EuropaWire/ — Lloyds Banking Group has become the first bank in the UK to achieve the Fertility Friendly Employer Accreditation, awarded by Fertility Matters at Work (FMAW). This recognition underscores Lloyds’ dedication to Diversity, Equity, and Inclusion (DE&I) and its commitment to supporting employees through fertility journeys and family-related challenges.

The accreditation is based on a rigorous assessment by FMAW, evaluating fertility policies, support initiatives, and training programs. Lloyds’ strong internal support network, flexible working options, and events were key factors in earning this accolade. As part of its DE&I-focused approach, Lloyds provides paid time off for fertility treatments and has doubled the leave period for employees experiencing pregnancy loss.

Recognizing that fertility treatments and loss impact a significant portion of the workforce, Lloyds Banking Group aims to lead by example in fostering an inclusive environment. Rachel Osikoya, Director of DE&I, emphasized the bank’s commitment to creating a supportive culture, while Chief People & Places Officer Sharon Doherty highlighted the importance of enabling employees to thrive personally and professionally.

With this accreditation, Lloyds is setting a precedent in the financial industry, showcasing its leadership in creating a family-friendly workplace that embraces diverse life experiences.

Notes

Lloyds Banking Group is the largest UK retail and commercial financial services provider with around 26 million customers and a presence in nearly every community. Our main business activities include retail and commercial banking, general insurance and long-term savings, provided through well recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows

Our purpose is Helping Britain Prosper. We have served Britain through our products and services for more than 320 years, across every community, and millions of households. Our success is interwoven with the UK’s prosperity, and we aim to Help Britain Prosper by operating as a responsible, sustainable and inclusive Group.

In February 2022, as part of its strategic update, Lloyds Banking Group announced plans to optimise its office space in line with hybrid ways of working. This includes a target of 30% reduction in office space by the end of 2024.

Media Contact:

Adam Charles
adam.charles@lloydsbanking.com
07387 745 658

SOURCE: Lloyds Bank plc