Thanks to increasingly comprehensive diversity data collection and pressure on companies to share that data, the positive correlation between fostering a diverse organization and improving corporate financial performance is finally coming into focus.
A recent analysis of diversity, equity, and inclusion (DEI) data shared by 277 large employers builds on previous studies that had indicated such a correlation exists. The study, a collaborative effort among three diversity-centric organizations—As You Sow, DiversIQ, and Whistle Stop Capital—reviewed data contained in Equal Employment Opportunity Component 1 data (EEO-1) forms that companies are required to submit to the U.S. Equal Employment Opportunity Commission (EEOC).
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