We approach inclusion with a strategy that is grounded in data and sets the path forward to meet our goals. This includes developing key partnerships, learning and development programs for all team members, as well as data and measurement.
As importantly, practicing everyday inclusion is our mindset. We support and encourage people to listen, learn, and be aware of their sphere of influence as they take small actions. The systems we have in place - and continue to evolve - will empower everyone to take a level of personal responsibility and ownership of our journey.
Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.
Our appreciation of diversity’s strength is ingrained in our multicultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for 175 years.
The ongoing cultivation of an inclusive culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, ethnicity, nationality, religion, gender, gender expression, sexual orientation, physical abilities, veteran or military status – can maximize their individual potential, as well as our collective success.
Lazard is an intellectual capital business committed to delivering the best advice and solutions to our clients. That commitment — a constant at our firm for 175 years — requires that we identify, develop and retain the best talent and assemble the best teams. We know that the best teams include individuals with varied identities, backgrounds and experiences, who are encouraged and empowered to speak up and contribute.
George OkrahGlobal Head of Inclusion
Employee Resource Groups: Networks That Speak to Who You Are
We believe in empowering and supporting our colleagues to build communities that are meaningful to them. Lazard fosters an environment of inclusivity. Our colleagues have formed a growing array of Employee-led Resource Groups that serve to educate, build awareness, share knowledge and enhance the employee experience.
Since 2020, colleagues have founded seven new Employee Resource Groups and hosted more than 100 engagements in 2022. Learn more about our twelve current ERGs here.
Asian Alliance Network
The Asian Alliance Network fosters employee engagement by celebrating Asian and Asian American Pacific Islander (AAPI) rich cultures, histories, and traditions through gatherings, guest speakers, and community outreach, and by raising awareness of relevant issues. Open to all Lazard colleagues, the Network provides networking, mentorship, and leadership opportunities that support the firm’s inclusive approach to recruitment, retention, and professional development in service of a global client base.
Black & African American Employee Network
The Black and African American Employee Network (BAAEN) aims to provide an empowering environment and a meaningful sense of inclusion for Black and African American colleagues across the firm. BAAEN supports an inclusive approach to recruitment, retention, and professional advancement, which includes organizing in-person and virtual events to connect with members and allies, and raising awareness on topics that further understanding, belonging, and inclusion for all Lazard colleagues.
Collective Abilities Network
The Lazard Collective Abilities Network supports individuals with disabilities by promoting awareness and education that includes understanding non-apparent disabilities and neurodivergent variations, and assists any individual who could benefit from a different approach to their workday. Open to all Lazard colleagues, membership includes those who have or care for people with disabilities, who are connected to the community in some way, and/or who would like to serve as allies.
Lazard Family Network
The Family Network aims to create a flexible and inclusive working environment that enables all Lazard employees to manage their work and family life effectively, regardless of their family circumstances. To grow awareness and build community, the Family Network hosts events on a wide range of related topics, aimed both at employees and their family members, and including talks by well-known authors and other guest speakers.
Lazard Green
Lazard Green is a resource group designed to promote environment sustainability and support all Lazard employees in playing an even more active role in ensuring a better future. This group brings greater awareness to environmental issues through employee events, volunteerism, and other educational activities. It also provides a forum for collaboration and for developing innovative solutions to reduce Lazard’s environmental footprint across the firm’s workplace globally.
Lazard SPEAK
Lazard SPEAK is a resource group focused on creating a culture of open dialogue around mental health. Through activities for Lazard colleagues, the group drives awareness of mental health issues and helps individuals develop innovative practices to build mental health skills. By encouraging people to SPEAK more openly about mental health, the aim is to dispel stigma and build a culture that promotes employee wellbeing through personal and professional development.
Lazard Somos
Lazard Somos works to cultivate a platform of unity and empowerment. The group does so by supporting Lazard’s Latinx community, as well as the firm’s inclusive approach to recruitment and professional advancement overall. By bringing awareness of diverse cultures and histories, Lazard Somos also celebrates the contributions that people of Latin descent have made globally, including to the fabric of the United States and Lazard.
LEAD
LEAD (learn, engage, achieve, develop) is a multigenerational employee-driven initiative that promotes employee engagement and development through education, professional skill-building, networking, and philanthropy. The group celebrates differences across generations and backgrounds while also seeking common ground and shared aims. The intention is to create an environment where unique skill sets and outlooks are welcome, and where Baby Boomers, Gen Xers, Millennials, and Gen Zers can prosper together.
Lazard Plus
Lazard Plus aims to foster a more inclusive workplace environment by promoting awareness of the diverse ethnicities, cultural heritages, and nationalities represented in the firm’s global workforce. Through relevant training, events, external speakers, and other various initiatives, Lazard Plus endeavors to support well-being for all colleagues, and contribute to the firm’s efforts to recruit and retain worldclass talent across Lazard’s geographic footprint.
Lazard PROUD
Lazard Proud promotes and contributes to the firm’s inclusive culture by helping to foster a supportive environment for the LGBTQIA+ community and allies at Lazard. The network does this by generating awareness of the key issues facing LGBTQIA+ people. It also fosters engagement with the community through facilitating educational and social events, and by partnering with relevant non-profit organizations to support impactful causes.
Lazard Veterans Network
The Lazard Veterans Network provides a venue for service members, military families, and friends to explore shared interests and learn from each other. The group helps members with onboarding and the transition to Lazard. Across the firm, it also honors military service and broadens the understanding of the military experience among non-veterans, supporting an inclusive environment at Lazard and contributing to its talent recruitment and retention efforts.
Lazard Women's Leadership Network
The Lazard Women’s Leadership Network is a resource for women looking to grow professionally and personally through development programs, career advancement, and volunteer opportunities. The group’s purpose is to accelerate the firm’s success in developing and advancing talent globally, with various initiatives to also support managers and leaders in fostering an inclusive approach to building high performing individuals and teams.