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Article: "On an equal footing"

  • 1.  Article: "On an equal footing"

    Posted 10 days ago
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    Good morning Community!

    Sharing an article with you this morning on diversity and inclusion.

    Emanuela (Emmy) Hawker of ESG Investor won the Inclusion & Diversity Award for her article titled "On an equal footing," where she highlights why asset owners seek better representation in the workplace.<o:p></o:p>

    WDI (Workforce Disclosure Initiative, set up by UK NGO ShareAction to track large firms' disclosures on social-related issues) noted in 2020 that

    • 98% of assessed companies said D&I is a priority, but many failed to provide data to demonstrate progress in key areas.
    • 75% provided a gender breakdown of employees, compared to 36% on ethnic composition.
    • only 57% disclosed their gender pay gap and 4% their ethnicity pay gap. <o:p></o:p>

    UK think tank The Work Foundation recently published a report highlighting that remote and hybrid working has benefitted disabled workers, with 85% saying they are able to be more productive from home. <o:p></o:p>

    The 30% Club is a global campaign to increase diversity at board and executive committee levels. Its UK Investor Group is a coalition of asset owners and managers that are responsible for stewardship on behalf of their members and clients and are committed to fulfilling the 30% Club D&I targets. <o:p></o:p>

    The group has published a guidance toolkit for FTSE 350 companies to help improve their D&I reporting, which includes examples of current best practice, and is designed for use in multiple jurisdictions.  You can download the toolkit from the library.<o:p></o:p>

    What has your experience been in this space?

    Aya Pariy