Case Study 6: Standard Chartered advocates for menopause support with progressive menopause workplace policy

Standard Chartered advocates for menopause support with progressive menopause workplace policy

Overview

• Initiated: 2023 – April 2024
• Provider: Standard Chartered Bank
• Target Group: Employees of the bank and their partners

Goal:

to provide medical coverage for treatment of menopause-related symptoms and create a supportive, inclusive workplace for employees undergoing menopause. The bank aimed to normalize conversations about menopause and proactively address its impact on employees’ career progression. The goal was largely achieved, as the rollout is progressing well, with two-thirds of employees

Key Actions

• Announcement of a global policy providing medical coverage for menopause-related symptoms to all employees and partners
• Introduction of flexible working policies and workplace adjustments
• Awareness campaigns, toolkits, conversation guides and internal events were launched

Impact

• Improved retention and career progression for women
• Validation by internal research
• Proactive medical support and a flexible open workplace culture

Success Factors

• Clear leadership commitment
• Holistic approach
• Collaborations
• Strong internal communication

Sustainability

• Continued awareness campaigns
• Regular review of policy effectiveness