Thirty-four S&P 100 companies will publicly disclose the compositions of their workforces by race, ethnicity and gender as a result of a July letter-writing campaign launched by New York City Comptroller Scott M. Stringer, a news release from Mr. Stringer's office said Monday.
Mr. Stringer, fiduciary of the five pension funds that make up the $211 billion New York City Retirement Systems, said in the news release that the 34 companies will publicly disclose the information in their 2021 Equal Employment Opportunity Commission reports.
Mr. Stringer sent the letter July 1 on behalf of the New York City Employees' Retirement System, New York City Teachers Retirement System and New York City Board of Education Retirement System to 67 companies in the S&P 100 that do not already file such reports to the EEOC.
The letter asked for a written commitment by Aug. 30 that the companies will publicly disclose the information in its 2021 EEOC reports.
"I applaud these leading companies for taking this critical first step where they will make a direct impact within their own workplaces and set the tone for EEO-1 Report disclosure across the market," Mr. Stringer said. "By publicly disclosing the demographics of employees by race, gender and ethnicity — including leadership roles and senior management — these companies will provide crucial information for shareowners to better understand diversity and workforce practices — and identify areas for growth."
Among the 34 companies that have begun or committed to disclose the data within the money management industry are BlackRock, Goldman Sachs, Morgan Stanley and Wells Fargo & Co.
Other companies include Amazon.com, Chevron, ConocoPhillips, Duke Energy, Starbucks and Verizon Communications.
Amy Varghese, Mr. Stringer’s spokeswoman, said in an email that engagement with the focus list is ongoing.
