Inclusion, Diversity & Equity (IDE) is a key pillar within any ESG framework. Your stakeholders β from shareholders to employees β are looking at your record on inclusion, diversity and social mobility when making decisions. And theyβre looking beyond whatβs needed to comply with legislative changes β for example, gender pay gap and ethnicity pay gap reporting. They want to work with businesses that demonstrate greater authenticity.
A commitment to IDE across the employee lifecycle, is important for the communities you operate in - and for your own organisation. Studies have shown that companies with culturally diverse teams are more profitable. Creating an inclusive environment leads to greater innovation and diverse teams get broader consumer understanding.