How to Create Transparency in DEI Measurement: A Guide for Senior Leaders (Infographic)Dec 01, 2022
At Catalyst, we believe disclosure of diversity, equity, and inclusion (DEI) metrics and goals illustrates a deep strategic commitment to a fair environment and should be a universal corporate practice. Corporate stakeholders, such as employees, investors, shareholders, and customers, increasingly expect companies to promote DEI as key corporate values. They are asking companies to be more transparent and are holding them accountable for progress.
Yet few companies disclose their data. According to a report by Just Capital*, only 59 of 931 companies in the Russell 1000—6.3%—have publicly disclosed their workforce demographic statistics on race and ethnicity crossed with gender, even though they report this data to the US Equal Employment Opportunity Commission annually in EEO-1 (US Equal Employment Opportunity Component 1) Reports.
This infographic demonstrates why transparency in DEI measurement is essential and how senior leaders can be transparent through disclosure of information. We provide specific action items so that senior leaders can start now.
*Vaghul, K. (2021, January 19). “A small fraction of corporations share diversity data, but disclosure is rapidly on the rise.” Justcapital.com.