Women’s businesses partner with purpose-driven companies to drive DEI in the workplace and community

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25+ companies have joined the Initiative to Close the Gender Equality Gap in Business.

Washington, July 28, 2022 /PRNewswire/ — The Women’s Business Coalition (WBC) and sponsor Diligence, today announced a new strategic initiative focused on closing the gender equality gap in business. of Purpose driven companies It identifies best practices for purpose-driven leadership to improve diversity, equity, and inclusion (DEI) in positions, pay, and empowerment. It shares and measures ways to influence and change action on the “social” aspects of ESG, including employee, brand and community-related programs.

“We are proud to start. Purpose driven companies With diligence,” he said. Eddie Fraser“Great leaders are moving to put diversity and accountability at the heart of business – building more inclusive organizations. By identifying and compiling best practices in this area, we encourage organizations to put strategic and creative ideas into practice and action. The position of women and women of color in business, Practical tools and programs that improve payment and authority.

In addition to Tugh, more than 28 public and private organizations have joined the cause, including 14 women-led (50%) ACLI (Association), Kolar, Modere, New York Life, Omega World Travel, Pinnacle Global Network, Raytheon Technologies, Sanofi, Siket, SNT Biotech, Sodexo, Storyville Gardens, Sunny daysCindio, Tata Consulting Services (TCS), Verizon, Wilmington/M&T Bank Corporation, and Zotis.

One area of ​​focus will be the composition of boardrooms in industries covered by the WBC’s ongoing survey. Women’s leader boards. The study details the status of women in government and private boards. In the year 2021 was a watershed year for board diversity, with women holding 27% of all board seats, up from 24% in 2020, the largest one-year increase among the Russell 3000. This initiative examines the state of DEI and ESG reporting in public companies in the Fortune, S&P and Russell Indices. The goal is to ensure that corporate purpose is directly linked to diversity, equity and business leadership.

“Giving leaders visibility to best practices from other organizations when it comes to building diverse board and executive teams is key to turning purpose into action,” he said. Lisa EdwardsPresident and COO of Diligence and Board Director at Colgate-Palmolive. “We are proud to partner with the WBC to bring this initiative to life and shine a light on the gender equity gap in business and its impact on performance.”

The Purpose Initiative companies will build on the existing Diligence and WBC partnership, which was created under Diligence. Modern leadership Initiatives to increase diversity representation at executive and board levels of international business.

About the Women’s Business Coalition (WBC)

The Women’s Business Coalition (WBC) has built an unprecedented movement of over 70 women’s businesses and hundreds of business leaders for equal space, pay and empowerment for all women. Through collaboration, advocacy, action and accountability, we mobilize thousands of diverse professional women and men, businesses, public and private companies to accelerate change. For more information about the women’s business cooperation visit wbcollaborative.org

About hard working

Diligence is a global leader in modern governance, providing SaaS solutions in governance, risk, compliance and ESG. Serving more than 1 million users from more than 25,000 customers worldwide, we empower transformational leaders with technology, insights and confidence to drive greater impact and lead with purpose. Learn more at diligent.com.

Source Women’s Business Cooperation

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