As a global organisation, diversity is a critical component to our success as a business. We firmly believe having a workforce that reflects the communities in which we operate brings benefits to everyone: our clients, our business and our employees.

To reinforce our commitment to creating an inclusive workplace for all, we are pleased to announce that MUFG in the UK is now a signatory of Business in the Community's (BITC) Race at Work Charter.

Launched by the British Prime Minister in 2018, the Race at Work Charter is designed to foster a public commitment to improving outcomes of BAME employees in the workplace. It consists of five principles to ensure organisations address the barriers to BAME recruitment and progression. By signing the charter we are committing to:

• Appointing an Executive Sponsor for race
• Capturing data and publicising progress
• Ensuring zero tolerance of harassment and bullying
• Making equality in the workplace the responsibility of all leaders and managers
• Taking action that supports ethnic minority career progression

Through dedicated action, we have already made progress, including, building out our Unconscious Bias training offering and the introduction of Inclusion & Diversity objectives and metrics for our leaders. The five calls to action will help to inform the actions we take as we continue to prioritise ethnic and racial inclusion at MUFG.

John Winter, CEO of MUFG Securities EMEA and Head of GCIB and Global Markets EMEA, has been appointed MUFG's Executive Sponsor for Race. He commented:

"I am proud to act as MUFG's Executive Sponsor for Race. We are taking action to foster an inclusive and diverse culture at MUFG, but recognise that there is work to do in many areas including ethnicity and racial equality. Together with the invaluable support of Mosaic, our multiculturalism network, we have made good strides in these areas.

"Signing the Race at Work Charter is a significant milestone in our journey and reaffirms our commitment to creating a workplace where every employee feels supported and included."

Sandra Kerr CBE, race equality director at Business in the Community, added:

"We would like to thank MUFG for setting out their commitment to being an inclusive and responsible employer. By signing up to the charter they are showing that they aspire to have one of the most inclusive workplaces in the country.

"Together we can break down barriers in the workplace, raise the aspirations and achievements of talented individuals, and deliver an enormous boost to the long-term economic position of the UK."

For more information on our Inclusion and Diversity strategy and activities please click here.