Stock photo: Diverse group of co-workers

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).

Previously, most companies had not shared their forms with the public. But, due largely to pressure from investors and other groups, the number of S&P 100 companies that release their forms publicly more than quadrupled between August 2020 and October 2022, the study sponsors say in a release.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Dig Deeper

 

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2023 ALM Global, LLC. All Rights Reserved.