Diversity, equity & inclusion
We embrace diverse perspectives and foster a culture of belonging
SVB has an executive-led Diversity, Equity and Inclusion Steering Committee and an employee advocacy network focused on these objectives.
We encourage our employees to share their thoughts on diversity, equity and inclusion topics, and we support these efforts with a Code of Conduct based on respect. All of our DE&I related work is captured in the DE&I SVB report.
Creating a culture of inclusion
Setting goals & communicating progress
Building equitable processes, policies & programs
Workforce diversity metrics
An inclusive workplace expands opportunities for everyone. SVB benefits from a diverse workforce and we aim to continue to increase diverse representation at all levels of the company.
We report demographic metrics using racial categories defined by the US Equal Employment Opportunity Commission. Race & ethnicity figures represent US employees only, as regulatory requirements governing data collection and privacy preclude comprehensive data collection in our international offices. We are exploring how we can effectively track and share data on our global workforce. Senior leadership includes anyone in the following job levels: Executive Committee (includes our executive officers), and leaders from certain top levels of SVB's two highest bands of management. Categories with less than 1% representation do not appear in the graphs. Not disclosed represents individuals who did not choose to disclose gender, race & ethnicity data. All data is as of 12/31/2021. Board data is as of 4/22/22. Note: Refer to www.svb.com/living-our-values/inclusion-diversity for more information, including our DEI report, UK Gender Pay Report and EEO data.
We are proud to be a member of the Bloomberg Gender-Equality Index, recognizing our continued focus and progress towards gender diversity and equality. The reference index measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies and pro-women brand. We continue to evaluate our process to advance gender parity in SVB leadership roles and ensure fair pay. In 2021, we completed a Gender Pay Gap Report for our UK office.
Equal employment opportunity
Silicon Valley Bank is strongly committed to the values and policy of equal employment opportunity across our employment practices. Throughout our business, we strive to build a diverse workforce without regard to sex, race, color, age, national origin, religion, sexual orientation, disability status, pregnancy, gender identity, genetic information, veteran status or any other classification protected by federal, state, provincial or local law or ordinance.
This policy extends to all dealings with all applicants, interns, clients, visitors, volunteers, independent contractors, and providers of services or products to SVB. SVB is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem.
SVB is dedicated to expanding our commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. This includes partnering to purchase goods and services from certified diverse enterprises owned by historically underrepresented groups, including minorities, women, veterans, people with disabilities and the LGBTQ+ community.
We are committed to our formal corporate Supplier Diversity program. By 2026, we will expand our corporate supplier annual spend with businesses owned or led by members of historically underserved communities, such as minorities and women to at least 8%.