Increased Disclosure of Diversity, Equity, and Inclusion Data

5 members

Summary

During the summer of 2019, Whistle Stop Capital collaborated with As You Sow in facilitating an Investor Statement calling for greater corporate transparency on diversity and inclusion efforts. The Statement focused on investors' needs for greater corporate reporting of key data on this material workplace issue.

Business case

Over the last year, we have seen significant increases in the amount of meaningful data companies are willing to share on the effectiveness of their diversity, equity and inclusion programs.  Within the S&P 100 alone, between this August and last, EEO-1 disclosure increased by 239% (23 to 78) and we have seen a 289% (9 to 35) increase in companies setting explicit diversity goals. However, reporting on recruitment, retention, and promotion rates – particularly on the basis of race and ethnicity – remains unacceptably low, with only 15 companies sharing race recruitment rates, only six sharing race retention rates, and only six sharing race promotion rates. 

Please complete this form to add your organization on as a signatory. Early this Fall, this statement will be sent to all members of the Russell 1000, along with a tailored request for additional reporting of diversity, equity, and inclusion data. The disclosures of the Russell 1000 companies will be tracked in a public database.

Collaboration details

Type
Investor statement or letter
Status
Open To Join
ESG theme
  • Social
Created on
Geography
Global