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. https://www.esginvestor.net/on-an-equal-footing/
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.
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.
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.
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.
What has your experience been in this space?
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Aya Pariy
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