The Diversity Charter presents the results of the 5th edition of the "Diversity & Business" Barometer Lëtzebuerg. As part of their commitments, signatory organisations are required to report on their diversity management practices every three years by completing a questionnaire administered by IMS Luxembourg and analysed in collaboration with LISER (Luxembourg Institute of Socio-Economic Research).
AN EDITION WITH NEW FEATURES
Signatories responded via the new online platform diversitybarometer.eu, completing both a Luxembourgish and a European questionnaire. The Luxembourgish questionnaire, developed by the Diversity Charter Lëtzebuerg, consists of 14 questions across five modules in 2024. It provides an overview of the diversity initiatives implemented by signatory organisations. The European questionnaire, also distributed among other European Charters involved in the platform project, aims to gather long-term data on DEI practices and aspirations across Europe.
INCLUSION: A KEY CHALLENGE FOR ORGANISATIONS
The 2024 Diversity & Business Barometer survey highlights key characteristics of the signatories of the Diversity Charter Lëtzebuerg. Certain trends have been identified regarding the preferred actions taken by these organisations and their impact on overall performance. Organisations in Luxembourg are encouraged to use this tool to assess their position in relation to the findings of this survey.
3 KEY FIGURES FROM THE LUXEMBOURG BAROMETER
- 96% of signatories state that diversity initiatives originate from top management (including HR and the parent company), with 41% citing the leader’s personal conviction as the primary driver.
- Over 90% of signatories offer flexible work arrangements, including remote working and adaptable working hours, to support work-life balance.
- 93% of signatories rely on the Diversity Charter to enhance their theoretical knowledge of diversity management, while 92% use it to raise employee awareness. The Diversity Charter Lëtzebuerg and IMS Luxembourg provide events (conferences, workshops, training) and practical resources to support signatories in diversity management.
3 KEY INSIGHTS FROM THE EUROPEAN BAROMETER
(Results from Luxembourgish signatories)
- The most frequently addressed diversity dimensions (currently or within the next three years) in signatories' DEI initiatives are gender (96%), age (90%), race/ethnic origin (87%), and disability (86%).
- 67% of signatories have a dedicated Diversity & Inclusion officer, increasing to 74% in organisations with over 250 employees. This role is primarily linked to the Human Resources department.
- 89% of signatories publicly highlight their DEI objectives and activities through speeches by the CEO or board members, while 90% actively involve employees in shaping diversity and inclusion policies and initiatives.