At the PFIP Q4 Membership Meeting, Home Credit Philippines reaffirms its dedication to DEIB

“Discussions like these are vital in driving meaningful change within organizations and creating a more inclusive and equitable society. At Home Credit, we are honored to host this event, as it aligns with our values as an equal-opportunity employer and our ongoing commitment to championing DEIB in the workplace. Through initiatives like this, we continue to empower individuals and foster a culture where everyone feels valued, respected, and included. We are grateful for the insightful discussions during this event, as they provide valuable learnings that will continue to guide our journey in strengthening DEIB at Home Credit. While we have implemented and sustained numerous DEIB initiatives, we recognize that much work still needs to be done. Home Credit remains fully committed to advocating for DEIB, and we will continue to strive toward creating a workplace where everyone is valued, supported, and empowered to thrive.” ~Nina Patricia Dacanay, People Partner of HCPH

 

The nation's top consumer finance company, Home Credit Philippines (HCPH), held the Philippine Financial & Inter-Industry Pride (PFIP) Q4 Membership Meeting and Fellowship Night to reaffirm its dedication to promoting diversity, equity, inclusion, and belonging (DEIB).  

The event's main topics were DEIB innovations, problem-solving techniques, and integrating DEIB with organizational sustainability.  Additionally, it provided a platform for the introduction of the organization's new members, as well as for the presentation of the Rainbow Youth Academy Cycle 3 Updates and the third Philippine Bahaghari closeout report.  

A roundtable discussion titled Evolving Pride: The New Challenges and Opportunities for DEIB and Pride Network Leaders was one of the event's main highlights. Leading panelists included Joseph Magadan, Delivery Lead Manager of Accenture Philippines; Josh Calzo, Co-Chair of Rainbow Lions Philippines at ING Philippines; April Soriano, Associate Client Services Manager–Core Recruiting & Service Excellence at IBM Consulting; and Janlee Dungca, Managing Director of Castro Communications. The session was facilitated by Russell Jude Patina, Senior Public Relations Manager and Vice President for External Affairs of the Pride Club at HCPH.  

Securing leadership and cross-functional support for the community, overcoming obstacles to DEIB success, aligning DEIB initiatives with organizational and ESG goals, and the role of inclusive technology and data-driven DEIB strategies were among the important topics covered by the panel. 

In addition to implementing initiatives to guarantee a workplace where all employees feel appreciated, respected, and have equal opportunities, HCPH has been actively working on its DEIB efforts.  Dacanay's workplace inclusion efforts, efforts to advance gender equality and LGBTQIA+ advocacy, and partnerships with organizations to enhance its DEI policies and programs were highlighted during a Pride-DEI knowledge-sharing session.  

Strengthening DEIB strategies and leadership development 

In order to promote inclusivity and stimulate innovation, the conversations underscored the necessity for organizations to incorporate DEIB as a fundamental strategic priority. The panelists emphasized how crucial it is to use data and KPIs to gauge the effectiveness of business resource groups. Additionally, they emphasized the importance of allowing self-identification options, which give businesses information about their diversity initiatives. Technology, compliance, and regulatory frameworks were found to be important factors influencing DEIB initiatives. 

Supporting professional development and LGBTQ+ rights 

Regarding leadership development, the panelists talked about actively educating and involving executives in DEIB initiatives, making sure they remain involved by providing them with workplace inclusion reports and data.  By giving younger generations, like Gen Z and Gen Alpha, the chance to spearhead the next generation of DEIB advocates, leaders were urged to get ready for generational shifts. 

Initiatives promoting LGBTQ+ rights and professional development were also highlighted at the event.  Participants were urged to look into scholarship programs like the ASEAN Chevening Scholarship, which funds visionary leaders dedicated to promoting constructive change in the Philippines.  Tuition, living expenses, and other necessary expenses are all covered by this scholarship. 

 There was also discussion of the Right to Care Card, a landmark achievement for LGBTQ+ rights.  Queer couples now have the legal authority to decide on their partners' medical care thanks to this program, which was introduced in Quezon City.  The initiative seeks to give the LGBTQ+ community more legal recognition and protections, with plans to expand to other cities. 

The event brought together nearly 100 representatives from PFIP member companies and organizations, including Aboitiz Power, Accenture, AIA Philippines, British Embassy, Coca-Cola, Cognizant, IBM Philippines, ING, JP Morgan Chase, Quezon City Gender and Development Council (QC-GAD Council), Shell, and many more. 

“PFIP’s mission is to be the leading voice and champion of workplace inclusion in the Philippines. Our vision, our ultimate goal, is to have limitless career options for LGBTQ+ professionals.” ~Chris Eugenio, PFIP’s Board Advisor

Since November 2023, HCPH has been a proud member of PFIP, a nonprofit community consisting of LGBTQ+ employee resource groups and human resource representatives from private sector firms in the country. Through this partnership, Home Credit Philippines has actively contributed to the LGBTQ+ Workplace Inclusion Survey and integrated best practices from PFIP’s recently published Playbook for LGBT+ Inclusive Workplaces in the Philippines. 

To learn more about the latest updates from Home Credit Philippines, visit the official Home Credit website. You may also follow its official Facebook, Instagram, and TikTok accounts.  

Home Credit Philippines is a financing company duly licensed and supervised by the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP).

About Home Credit 

Home Credit Philippines is the leading consumer finance company in the Philippines. Backed by Bank of Ayudhya Public Company Limited, the fifth largest bank in Thailand and by MUFG Bank Ltd., the largest banking group in Japan, and trusted by a strong and diverse set of banks locally and worldwide, the company plays a pivotal role in driving financial inclusion for Filipinos by expanding access to credit opportunities and transforming the consumer finance landscape in the Philippines. 

In its 11th year, Home Credit has served 11 million customers and credited over 350 billion pesos worth of loans through its portfolio of products that cater to the different needs of its customers—installment financing, cash loans, credit cards, and a virtual spending limit named Qwarta. Trusted by Filipinos, Home Credit is registered with the Security and Exchange Commission and regulated by the Bangko Sentral ng Pilipinas. The company was recognized as the Best Finance Company of the Philippines in 2024 by the Asian Banking & Finance (ABF) Retail Banking Awards. 

More information on HCPH is available at ww.homecredit.ph.