Home Credit Philippines host PFIP Q4 Membership Meeting, strengthens commitment to DEIB

Home Credit Philippines (HCPH), the country's leading consumer finance company, demonstrated its commitment to promoting diversity, equity, inclusion, and belonging (DEIB) by hosting the Philippine Financial & Inter-Industry Pride (PFIP) Q4 Membership Meeting and Fellowship Night.  

The event focused on DEIB innovations, problem-solving strategies, and how DEIB can be integrated into organizational sustainability.  It also provided an opportunity to induct new members of the organization, as well as present the third Philippine Bahaghari closeout report and Rainbow Youth Academy Cycle 3 Updates.  

A roundtable discussion titled Evolving Pride: The New Challenges and Opportunities for DEIB and Pride Network Leaders was a highlight of the event.  The session was moderated by Russel Jude Patina, Senior Public Relations Manager and Vice President for External Affairs of the Pride Club at HCPH, and featured distinguished panelists such as 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 Com.  

The panel discussed critical topics such as the role of inclusive technology and data-driven DEIB strategies, overcoming barriers to DEIB success, aligning DEIB initiatives with organizational and ESG goals, and ensuring community leadership and cross-functional support. 

“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

HCPH has been actively working on its DEIB efforts, implementing initiatives to ensure a working environment in which all employees feel valued, respected, and given equal opportunities.  Dacanay's Pride-DEI knowledge-sharing session highlighted the company's efforts for workplace inclusion, initiatives to advance gender equality and LGBTQIA+ advocacy, and collaborations with organizations to strengthen DEI policies and programs.  

Strengthening DEIB strategies and leadership development 

The discussions emphasized the importance of organizations integrating DEIB as a core strategic priority in order to promote inclusivity and drive innovation.  The panelists emphasized the importance of using data and key performance indicators to assess the impact of business resource groups.  They also emphasized the importance of enabling self-identification options, which give organizations insights into their diversity efforts.  Regulatory frameworks, compliance, and technology have been identified as key drivers of DEIB initiatives. 

Supporting professional development and LGBTQ+ rights 

On leadership development, the panelists discussed actively involving and educating executives in DEIB efforts, as well as ensuring their continued engagement through workplace inclusion data and reporting.  Leaders were encouraged to prepare for generational shifts by empowering younger generations, such as Gen Z and Gen Alpha, to spearhead the next wave of DEIB advocates. 

The event also highlighted initiatives that promote professional development and LGBTQ+ rights.  Attendees were encouraged to look into scholarship opportunities, such as the ASEAN Chevening Scholarship, which supports forward-thinking leaders committed to driving positive change in the Philippines.  This scholarship covers tuition, living expenses, and other essential costs. 

 The Right to Care Card, a significant step toward LGBTQ+ rights, was also discussed.  This program, which started in Quezon City, gives queer couples the legal right to make healthcare decisions for their partners.  The initiative, which is set to expand to other cities, aims to provide the LGBTQ+ community with broader legal recognition and protections. 

“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.