Investors Representing $1.61 Trillion in Assets Tell Companies to Disclose Workplace Equity Data
The disclosure of workplace equity data is increasing in its importance to investors and they are letting companies know that this information is material to investment decisions.
Ninety-nine investors representing more than $1.61 trillion in assets under management are asking companies to increase public access to information related to workplace equity policies and practices across gender, race, ethnicity, sexual orientation, and other diversity types.
One of the issues with regard to disclosing this information is the “significant divergence between the public commitments companies make to workplace equality and the disclosures they provide to investors showing how, and if, they are meeting their stated goals,” according to Equileap, an organization providing data and insights on gender equality. Read Full Article - Industry Week, June 6, 2019