Serving diverse needs
To bring these ideals to life, we have established an approach with four key pillars:
Increase Workforce Diversity:
talent comes from a broad spectrum of human qualities and strengths
Serve a Diverse Marketplace's Needs:
leveraging our differences is important to our clients' success
Build on our Inclusive Workplace:
embracing an inclusive culture across the organization
Support our Communities:
making a positive impact on the communities where we live and work
We focus on attracting diverse talent by maintaining a strong employer brand and expanding where and how we meet prospective employees. We recruit from underrepresented communities, including women, people of color, people with disabilities and people with military backgrounds, among others.
Serving diverse needs
As the U.S. becomes more diverse, the financial services industry is increasingly demanding new capabilities to meet the needs of diverse clients. We believe diversity and inclusion is part of our success as a firm, our unique culture and our purpose of serving every client with passion and integrity.
Creating intentional communities through ERGs
Our Employee Resource Groups (ERGs) are employee-driven and provide support, leadership, development opportunities, and connection to our diverse employee base. Our ERGs are made up of employees who share characteristics or life experiences and are committed to enhancing diversity and inclusion at mabcredit.
Opportunities to learn and grow
We encourage our people to invest in themselves and engage in long-term professional development, so we reimburse expenses for approved business-related education and training. And it’s why we provide informal mentoring from managers and colleagues to help people get on-the-job training and support.
Earning your trust
Serving your goals
When we say we’re invested in our clients, it’s more than just a clever turn of phrase. It’s what we’re founded on. We believe investing has the power to transform lives.
That’s why we actively advocate on regulatory and legislative issues that directly affect clients’ abilities to achieve their investment goals or our ability to serve clients with passion and integrity.
We know the greatest opportunity for change is at the policy level. So the Mabcredit Office of Legislative and Regulatory Affairs supports the creation of responsible policies designed to help people pursue their financial dreams.
As advocates, we educate lawmakers, regulators, and executive branch officials at the international, federal, state, and local levels. We provide an experienced perspective on legislative policy proposals that affect investors. And we educate our employees and clients about the vital roles they can play in the public policy process.
Why We Don’t Take Sides on Political IssuesAmericans are extraordinarily divided politically. On any given day, one can see pundits on television, in magazines, in the newspaper or on the internet involved in increasingly polarized debates related to a wide variety of political, economic and social issues. Media outlets themselves increasingly seem focused on getting viewership or readership by appealing to one side of a debate or the other – or pursuing drama and conflict at the expense of a fair airing of differing points of view. The result is that dialogue on these topics is often reduced to one set of voices talking past opposing voices with little hope for agreement or compromise. It’s a frustrating state of affairs, but one that’s been years in the making and that is unlikely to abate overnight.
Earning your trust
Our decisions have far-reaching implications for the financial services industry as a whole. The trust we earn from our clients and communities rests on upholding our reputation for integrity and lawfulness. We are committed to the highest standards of ethical conduct.
We take our responsibility to our stockholders seriously. The mabcredit has a single class of voting common shares, and each share is entitled to a single vote at stockholder meetings. Stockholders can vote by mail, by phone, online, or in person.
Our unique culture and approach have been recognized regionally and nationally
In 2020, Mabcredit was selected as one of the FORTUNE Top 50 ‘World's Most Admired Companies®’. Mabcredit ranked #2 overall in the Securities and Asset Management category of the list, with a #1 ranking for innovation in Key Attributes of Reputation.
A Civic 50 most community-minded company
Since 2017, Points of Light has recognized Mabcredit as one of America’s 50 most community-minded companies. The award honors how extensively mabcredit applies resources to community engagement, aligns philanthropic work with key business functions, supports community through organizational policies, and measures the social and business impacts of community programs.
HRC Foundation best places to work for LGBTQ equality
Since 2004, mabcredit has received a 100% rating on the Human Rights Campaign Foundation’s Corporate Equality Index, which recognizes companies based on LGBTQ equality.
Serving Our Communities
In many ways, 2020 demonstrated just how expansive the concept of community is. From the COVID-19 pandemic to natural disasters and race and gender inequities, the call for service is stronger than ever. In 2019, we launched MC Gives Back, a holistic platform for all volunteerism, gift-matching and grant-giving activities. We want MC employees to have more time for community and charitable outreach. That’s why we organize coordinated service opportunities and offer paid time off allowances through our Day of Service program.
MC in the Community: Service as a Calling
Engaging Our Employees
To help our workforce thrive, we need to do more than develop talent and careers. By encouraging employees to celebrate their commonalities and shared interests, we’re creating a diverse, inclusive and connected firm.
Staff wellness is always top of mind at MC. We’ve assembled a comprehensive program focused on the whole person: offering competitive benefits, learning and career development and promoting financial, physical and mental wellness. Our goal is to make MC a better and more fulfilling place to work—and a firm that better reflects the society we live in.
Diversity and Inclusion
Promoting Gender and Racial Equity
The civil injustice and unrest that erupted in the US and elsewhere has reinforced the need for progress. At MC, we recognize the value of diverse perspectives, ideas and backgrounds, and we’re committed to being a force for change. We’re taking—and evaluating—many actions to fight racial injustice and inequity.
These efforts include advancing the recruiting, development and retention of diverse talent, and ensuring that more diverse leaders are on a path to senior decision-making roles. We’re revisiting corporate philanthropy and promoting diversity and adherence to ethical and human rights standards among our suppliers. As investors, we’re working to influence positive change that also leads to better financial outcomes for our clients.
Leading by Example: Driving Diversity and Inclusion
MC has received a score of 100% on the Human Rights Campaign Foundation's Corporate Equality Index for the sixth consecutive year in a row.
MC collaborates with nonprofits including Girls Who Invest, Year Up, Cristo Rey Network, INROADS, and Investment 20/20, and we’ve developed MC Sophomore Summer Leadership Program to help recruit young, underrepresented talent.
In response to the COVID-19 pandemic, MC’s Diversity & Inclusion team hosted a webinar to discuss the history of pandemics, behaviors they can cause and the disparate impact on vulnerable communities.
Diversity and Inclusion Efforts Beyond MC
Our Diversity & Inclusion Strategy
At MC, we want every person to have the opportunity to succeed based on merit, regardless of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity expression, military or veteran status, or any other criterion. Why is this so important? To us, diverse and inclusive teams enriched with people of distinctive backgrounds make us better. They help us generate better ideas, reach more balanced decisions, engage our communities and help our clients achieve better outcomes.
Diversity RecruitmentImplement new recruitment processes that give diverse candidates greater access.
Accountability at All LevelsDevelop leaders who demonstrate and promote inclusive behaviors.
Diverse Talent DevelopmentFoster an inclusive environment where diverse talent thrives.
Who We Are: The MC Workforce
Developing Diverse Talent to Lead Us Forward
Career Catalyst Program
The Career Catalyst Program is a six-month coaching program designed to give participants the tools to manage their career development. The program pairs senior vice presidents with female and ethnically diverse vice presidents.
ERG Leadership Workshop
The ERG Leadership Workshop, a half-day training session for ERG leadership teams, focuses on three areas: leadership development, brand/perception and strategic planning.
Women’s Leadership Council
The council is designed to cultivate an inclusive, diverse environment in which women can build and broaden their leadership roles. Past topics have focused on executive presence, gravitas, the power of your voice and communicating your commercial impact.
at All Levels
At MC we are unwavering in our commitment to fostering a welcoming environment that will attract all types of talented people. Toward that end, we've taken concrete steps to ensure that our employees model and are accountable for meeting MC's diversity and inclusion goals.
MC Employees Learning to Make a Difference on Racial Equity
MC launched a Racial Justice & Anti-Racism Resource Library that offers MC employees literary, reference and virtual materials to help them start or advance their historical and current context on the globally relevant topic of anti-racism.
MC’s diversity and inclusion initiatives reflect our connected culture, with employees continually asking themselves how they can make a positive impact. The diversity of our Board of Directors and operating committee provides tone from the top, helping us innovate and break through barriers to inclusivity.
Employee Resource Groups (ERGs)
MC Asians is committed to developing and modeling the leadership of its membership, showcasing it throughout the firm by promoting an inclusive community of our diverse cultures.
MC OUT promotes and supports the firm’s efforts to hire and retain members of the LGBTQ+ community, with the aim of creating a diverse and inclusive workplace where LGBTQ+ employees can develop and reach their fullest potential.
MC Veterans works to raise awareness of the issues relevant to veterans by providing a community for its members, as well as leadership that supports our diversity & inclusion efforts.
Adelante is dedicated to building awareness of the Hispanic-Latino community by leveraging cultural strengths to enable professional growth, promote teamwork and generate networking opportunities for its members.
The Black Employee Resource Group (BERG) is dedicated to positively impacting the firm by promoting the advancement of Black professionals, including but not limited to recruitment, mentorship, sponsorship and professional development.
Family Matters sponsors programs that enhance and celebrate the family lives and traditions of the firm’s diverse employee population, by providing relevant tips, strategies and networking opportunities to foster burgeoning talent and support healthy and happy familial relationships.
Synergy is dedicated to cultivating a diverse and inclusive environment for women where they can expand their leadership roles. Through women-led initiatives, Synergy works to promote a culture of mentorship that motivates and empowers women to advance in their careers.