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Lloyds Banking Group becomes first UK bank to be awarded Fertility Friendly Employer Accreditation

Τρίτη, 12 Νοεμβρίου 2024 20:51

Lloyds Banking Group is the first UK bank to receive the Fertility Friendly Employer Accreditation. 

Awarded by the organisation Fertility Matters at Work (FMAW), the certification re-emphasises the Group’s commitment to supporting its colleagues through their fertility journeys. 

Using a rigorous assessment framework, the FMAW examines companies’ fertility policy guidance, education and awareness initiatives, and colleague training. Alongside its flexible working policy, Lloyds’ programme of events and internal support network were cited as fundamental to receiving the honour. 

As part of the Group’s industry-leading policy, it has committed to providing paid time off during fertility treatment as well as doubling the minimum period of leave offered to staff following pregnancy loss. The accreditation not only reinforces the bank’s commitment to Diversity, Equity and Inclusion, but also positions it as a leader in championing family-friendly policies.

Fertility treatment can have a significant impact on employees in the workplace. It is estimated that one in six people are affected by infertility and one in four pregnancies end in loss during pregnancy or at birth. Currently there is no legal right for time off work for fertility treatment. 

Rachel Osikoya, Director, Diversity, Equity & Inclusion: “Every individual’s path to parenthood is unique, and for many a journey that is both emotionally and physically challenging. At Lloyds Banking Group we want to ensure no-one feels isolated or unsupported on that journey. This accreditation aligns with our broader approach to DE&I, as we continue to create a culture that embraces all life experiences, helps to break down stigmas and creates an empathetic and inclusive environment for all, no matter their personal circumstances.”

Sharon Doherty, Chief People & Places Officer, talks about the support LBG provides: “We are committed to creating a workplace where everyone has the opportunity to succeed. Fertility support is an important part of this, ensuring colleagues can navigate life’s most personal challenges while continuing to thrive in their careers. Supporting colleagues in their fertility journey is just one of the ways we are fostering an environment where our people can thrive, both personally and professionally.”

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