Investors interested in checking how companies are fulfilling their commitments on diversity, equity and inclusion can use a tracker released Wednesday by JUST Capital.
The Corporate Racial Equity Tracker gathers DEI data disclosed by the 100 largest employers in the Russell 1000. The 22 data points cover six specific dimensions of racial equity: pay equity, racial/ethnic diversity data, education and training programs, response to mass incarceration, community Investments, and anti-discrimination policies.
JUST Capital, an independent research non-profit organization, found no company with all 22 disclosures listed, but 18 with at least one disclosure.
Nearly all the 100 largest employers have baseline DEI policies and commitments, such as equal employment opportunity policies, but active measures — such as conducting a pay equity analysis or setting diversity targets — were in place at only 10% to 30% of the companies making the disclosures, depending on the measure.
"It's clear from the data that companies are at very different stages in their DEI journeys," said JUST Capital CEO Martin Whittaker in a statement. "We've seen many companies step up in response to ongoing calls for racial equity over the past year, and we know the public will be watching closely to see which companies are taking real steps to drive change and which are behind the curve."
