Diversity & Inclusion
Umicore naturally creates an inclusive environment by employing individuals with unique experiences, closing the equality gap. A variety of experiences yields new perspectives and encourages Zero Inequality. Diversity of thought is what will keep us ahead. We want our workforce to reflect the communities in which we operate, building a diverse, inspiring and collaborative workplace that contributes to everyone's success. So let's close the gap – any gap and go for zero inequality. Zero inequality means people are valued equally. Treated equally. Paid equally for equal efforts. What matters is merit: skill, effort, talent, responsibility and resourcefulness. We want our employees to have equal rights, responsibilities and opportunities, regardless of gender. First on the agenda: empowering female employees.
Pay Equality
The Umicore way excludes sexism, racism, ageism or any other type of discrimination or bias at Umicore. Our employees are rewarded and promoted based on their unique skills and abilities. We foster a culture of equal opportunities, equal and fair pay, mutual respect and solidarity. As a target, we aim for equal pay.
Equal pay
Gender parity
Today, women are still underrepresented in leadership. That's a fact we can't ignore. Men and women deserve equal chances to be promoted to or hired for a management position. Rebalancing gender at work involves attracting more talented women job candidates, identifying high potentials, and fast-tracking them into leadership roles. We've set ourselves an ambitious goal of gender parity as soon as possible, with 35% of women in management by 2030. Additionally, all managers are provided unconscious bias training.
Gender parity as soon as possible, with 35% of women in management by 2030
Broader cultural representation in management teams
As our company continues to expand globally and generate an increasing share of our revenue outside of Europe, we recognize the importance of increasing cultural diversity among our senior management. Our goal is to achieve this by 2035, as it will allow us to better understand our customers, bring a wider range of perspectives to our teams, and accelerate innovation.
Increase cultural diversity in management by 2035
Read more in our Annual Report