Over the past few decades, human resources and business leaders have come to understand that greater diversity, equity, and inclusion (DEI) positively affects their corporate culture, their brand perception, their ability to attract and retain talent, and the performance of the business.

In fact, the justification for diversity and inclusion in terms of business performance is stronger than ever, according to the 2020 McKinsey & Co. report “Diversity wins: How inclusion matters.” The company has been collecting data on corporate diversity and inclusion since 2014 and has noted an increasing disparity between the financial performance of more diverse organizations and that of less diverse companies.

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