Making Space for DEI
the importance of external disclosure practices
The next evolution happening in the DEI space is a rise in external disclosure and it stems from increased pressure and advocacy to ensure transparency from companies and industries. External disclosure involves being open and upfront about current DEI practices, mainly with their specific details and results in an effort to keep employees and the public informed about how the problem is being addressed.
As You Sow, a company that provides DEI disclosure scorecards for the S&P 500, has tracked significant growth in company disclosure scores over the past year. However, these increased averages are not evenly spread across various industries and a large majority of companies still fall below 50 points– the halfway point to perfect score. The trend indicates that scores will continue to improve and it is shown in the number of companies moving away from the 0-10 division.
To better understand the history and practices of external disclosure for company DEI initiatives, check out the infographic attached. At ideascape we partner with DEI leaders to support their efforts on organizational alignment on key DEI priorities for execution. Schedule a 30-minute meeting with our founder, Jonathan Dyke, today.