- 22% of Invaluable 500 firms publicly disclosed workforce illustration of incapacity (self-ID) percentages in FY 2020-21 Annual Stories and Accounts (ARAs), ESG and Sustainability Stories.
- Low ranges of incapacity disclosure and lack of standardized reporting standards make comparisons between organizations extremely difficult. Invaluable 500 has recognized three key levers of change to handle these obstacles: ARAs & sustainability studies, investor dialogue, and materiality assessments.
On the World Financial Discussion board going down in Davos this week, the Invaluable 500 launched a white paper entitled ‘ESG and incapacity information: a name for inclusive reporting’. Their work on inclusive reporting has been co-funded and developed with 2 of the Iconic members of the Invaluable 500, Allianz, and London Inventory Trade Group, in partnership with Tortoise Media.
Incapacity inclusion is strikingly absent from standardized key efficiency indicators by means of which organizations measure their influence and the worth they carry to society. The exclusion of incapacity and accessibility from investor-grade environmental, social and governance (ESG) information has far-reaching implications throughout the panorama of world enterprise due to the dimensions and scale of the inhabitants with disabilities.
Oliver Bäte, CEO of Allianz commented; “Historically, monetary KPIs have dominated company studies. Extra not too long ago, we observe rising curiosity from prospects and buyers in a extra holistic view of firms’ well being, together with buyer satisfaction, stakeholder belief and workforce-metrics. Elevated disclosure of non-financial indicators – just like the Invaluable 500 Incapacity Inclusion KPIs – drives vital company change and interprets reliably into aggressive and monetary benefit.”
David Schwimmer, Chief Government Officer at London Inventory Trade Group commented; “With greater than 22 million workers represented in 41 international locations throughout 64 sectors, the attain of the Invaluable 500 firms is substantial. By adopting and disclosing towards the 5 KPIs proposed within the white paper, the Invaluable 500 firms can present management on incapacity disclosure, appearing as a catalyst for the company change we’d like.”
Rhiannon Parker, Chief Innovation Officer on the Invaluable 500 commented; “Recognizing that incapacity efficiency is topical in ARAs & sustainability studies, investor dialogue, and materiality assessments is central to the function the Invaluable 500 performs in setting a precedent for incapacity inclusion in enterprise.”
This report encourages leaders of the Invaluable 500 firms to undertake and disclose towards 5 KPIs to create a comparable baseline that measures progress on incapacity inclusion.
Invaluable 500 Incapacity Inclusion KPIs are:
- Workforce Illustration
- Worker Useful resource Teams (ERGs)
- digital accessibility
The white paper – right here
To entry the press convention – it is right here
Teresa Hutson, VP of Expertise and Company Duty at Microsoft commented, “Microsoft is dedicated to ongoing and clear public reporting of incapacity efficiency which is a needed step to addressing the incapacity divide.”
The imaginative and prescient set forth within the white paper can assist information firms on their journey in direction of extra inclusive reporting and is supported by Iconic members of the Invaluable 500 together with EY, Microsoft, Mahindra, and Sky.
Concerning the Invaluable 500 right here