Diversity, equity, and inclusion (DEI) is a phrase that you may have recently heard. Whether it be in school or at a job, DEI is gaining more traction as people look to provide equitable opportunities for marginalized communities. Keep reading to learn about how an equity report helps achieve this goal.
Equity reports are created to help companies identify their issues with equity and take action to fix them. You may have heard of an equity report that lays out recommendations for selling, buying, or keeping stocks, but that is about money.
Equity reports for DEI initiatives focus on the people who work at a given company.
These reports analyze things like hiring practices, safety in the company, and diversity percentages for gender, race, and class. It is sometimes shocking for CEOs to read these reports, but it’s one of the most effective ways of creating real change within a company.
There are plenty of resources out there for you to use if you want to have an equity audit. This video provides insight into how ABC uses equity reporting in their company. Talk to your company today about starting to focus on diversity, equity, and inclusion. It will improve more than just your company culture!