Categories
Latest News New York

34 S & P 100 companies to publicly disclose workforce demographics

New York, NY: New York City Comptroller Scott M. Stringer, on behalf of the New York City Employees’ Retirement System, Teachers Retirement System of the City of New York and New York City Board of Education Retirement System (the “Systems”) announced that 34 S&P 100 companies which issued statements supporting racial equality will publicly disclose the composition of their workforce by race, ethnicity, and gender. This victory is a direct result of a national campaign launched in July by Comptroller Stringer and the Retirement Systems’ which called on 67 companies to match their statements affirming their commitments to racial equality and diversity and inclusion with concrete action, by publicly disclosing their annual EEO-1 Report data.
“It is not enough to condemn racism in words. 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,” said New York City Comptroller Scott M. Stringer. “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. Companies are strongest when their workforce reflects the diversity of America, and I commend the CEOs of these leading companies for taking steps toward better transparency and representation.”

Coca-Cola, Citigroup, Visa, Pfizer, Morgan Stanley, PepsiCo, Starbucks, Target, Amazon, MasterCard, Verizon, General Motors, Goldman Sachs, AllState representing a majority of the campaign’s 67 focus companies have committed to disclose their EEO-1 Report.

Read More

RELATED POSTS