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Paramount's Progress on ESG Goals: Workforce & Culture

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Paramount provides an update on their progress towards their Workforce & Culture goals outlined in their 2021-2022 Environmental, Social, and Governance Report. They are committed to elevating diversity, equity, and inclusion in every aspect of their business, creating a welcoming and nurturing culture. They have implemented policies and programs to ensure a diverse workforce and foster employee engagement. Paramount acknowledges the need for continuous improvement but is proud of their progress and optimistic about their potential for growth.
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NORTHAMPTON, MA / ACCESSWIRE / July 12, 2023 / Paramount

Originally published in Paramount's 2021-2022 Environmental, Social, and Governance Report

Our Workforce & Culture goals, developed in 2021, reflect our focus on achieving more immediate gains in the short term while mapping a path toward sustainable long-term gains on diversity, representation, engagement, and inclusion. Above, we provide an update on our progress toward these goals.

We continue to live through a new civil rights era in the United States - a moment that demands collective action from all of us. Since the start of the COVID-19 pandemic, deeply entrenched issues of racism and inequality have been exacerbated, while the pain and trauma experienced by Black, Indigenous, and People of Color (BIPOC) and other marginalized communities has become ever more undeniable.

The media has a collective role to play in shaping a better world by reflecting our shared challenges and shining a light on underrepresented people, voices, and stories. In order to be the best creators and storytellers, it is imperative that we build a workforce and culture that welcomes all and reflects and celebrates the diversity of our audiences.

We are committed to elevating diversity, equity, and inclusion (DE&I) in every aspect of our business. This commitment starts at the top but is shared across all levels and employees at Paramount. We continue to create policies and programs to ensure our workforce is diverse and to foster a culture where employees can thrive. This work is supported by our internal stakeholders, including our Employee Resource Groups (ERGs) and Inclusivity Councils. Transparency and accountability are key drivers for our shared progress.

The diverse spectrum of perspectives, experiences, and identities among our employees is one of our greatest assets, particularly in a time of transition for our business. Our dedication to DE&I also speaks directly to our core values of Inclusivity & Collaboration and Agility & Adaptability.

In service of an equitable and representative workplace, we work to create a culture that is welcoming and nurturing to all. We do this in a variety of ways, including regular communication touchpoints from our top leaders, employee engagement in our network of ERGs, and regular celebrations of our diversity, such as our Heritage and Cultural Month series.

We know we have more work ahead, and that there is a continuous need for improvement. But we are proud of our progress to date and are optimistic about our potential for growth. For more on how we are integrating DE&I throughout Paramount, please refer to our Diversity, Equity, and Inclusion update on our website.

Learn More in Paramount's 2021-2022 Environmental, Social, and Governance Report

Paramount, Wednesday, July 12, 2023, Press release picture

View additional multimedia and more ESG storytelling from Paramount on 3blmedia.com.

Contact Info:
Spokesperson: Paramount
Website: https://www.3blmedia.com/profiles/paramount
Email: info@3blmedia.com

SOURCE: Paramount



View source version on accesswire.com:
https://www.accesswire.com/767306/Paramounts-Progress-on-ESG-Goals-Workforce-Culture

FAQ

What is Paramount providing an update on?

Paramount is providing an update on their progress towards their Workforce & Culture goals.

What are Paramount's core values?

Paramount's core values are Inclusivity & Collaboration and Agility & Adaptability.

What measures has Paramount taken to ensure diversity, equity, and inclusion?

Paramount has implemented policies and programs to ensure a diverse workforce and foster employee engagement.

What is Paramount's approach to creating a welcoming culture?

Paramount creates a welcoming culture through regular communication from top leaders, employee engagement in Employee Resource Groups (ERGs), and celebrations of diversity.

What is Paramount's stance on continuous improvement?

Paramount acknowledges the need for continuous improvement and is committed to ongoing growth.

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driven by iconic consumer brands, its portfolio includes cbs, showtime networks, paramount pictures, nickelodeon, mtv, comedy central, bet, paramount+, pluto tv and simon & schuster, among others. the company delivers the largest share of the u.s. television audience and boasts one of the industry’s most important and extensive libraries of tv and film titles. in addition to offering innovative streaming services and digital video products, viacomcbs provides powerful capabilities in production, distribution and advertising solutions for partners on five continents.