The Congressional Black Caucus (CBC) has called on Fortune 500 companies to reaffirm their commitments to diversity, equity, and inclusion (DEI) initiatives and set clear, measurable goals amid rising challenges to DEI programs nationwide. Holding corporate America accountable The CBC’s first-of-its-kind report aims to hold Fortune 500 companies accountable for their DEI pledges made after George Floyd’s murder in 2020. Titled “What Good Looks Like”: A Corporate Accountability Report on Diversity, Equity, and Inclusion, the report is based on months of meetings with hundreds of executives across different sectors and
Black executives believe that their companies have maintained a strong commitment to Diversity, Equity, and Inclusion (DEI) despite anti-DEI pressure, a survey by The Executive Leadership Council (ELC) has found. The ELC, which aims to increase Black representation in C-Suites and corporate boards, surveyed 180 top Black executives across various sectors. The results showed a strong and resilient commitment among Black executives to DEI in corporate America. DEI Is Linked To Job Satisfaction Despite today’s landscape with anti-DEI, nearly 3 in 4 (72%) Black executives feel their companies’ commitment to
A recent analysis by Bloomberg News has revealed that people of color accounted for 94% of new hires at the US’ largest public companies in the year after the Black Lives Matter protests. The proportion of managerial and executive roles held by people of color increased by about two percentage points – more than double the average increases in previous years. However, white people remained overrepresented in the top, highly-paid positions. A major shift The US Equal Employment Opportunity Commission (EEOC) requires companies with 100 or more employees to report
In the wake of the Supreme Court’s recent halt to Affirmative Action in college admissions, 13 Republican attorney generals have turned their sights towards corporate diversity programs, with tech giant Microsoft amongst their targets. The Lead-Up Tech industry titans such as Apple, Microsoft, and Uber are facing potential legal ramifications as Republican state prosecutors target their workforce diversity programs. This comes in the wake of George Floyd’s murder, a tragic event that catalyzed these companies to publicly commit to enhancing diversity within their ranks. Their ambitious commitments include plans to
