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A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

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The “one stop” resource for information about responsible executive compensation practices & disclosure.

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PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

By now, you’ve likely noticed the array of comments about the Society for Human Resource Management’s (SHRM) recent action of removing equity from its framework. The announcement is rather confusing as SHRM’s President announced that they are eliminating equity, while also stating that it’s still an important priority for SHRM – two contradictory statements. The organization decided instead to focus on inclusion.

“We’re going to lead with inclusion, because we need a world where inclusion is front and center. And that means inclusion for all, not some people. Everyone has a right to feel that they belong in the workplace and that they are included. Effective immediately, SHRM will be adopting the acronym ‘I&D’ instead of ‘IE&D’. Ths strategic decision underscores our commitment to leading with inclusion as the catalyst for holistic change in workplaces and society”.

If you’ve been following my work, you know how essential I believe equity is to the DEI framework. Equity is the foundation of DEI work because without equity, you don’t understand who is left out of workplace decisions. The D and I without equity are merely window dressing that does not get to the root of systemic and structural issues excluding marginalized communities from fair hiring, pay, promotion opportunities, and access to positions of power in the workplace.

In light of persistent anti-DEI backlash, it’s refreshing to see so many SHRM members and many in the HR community speaking up strongly in support of equity. This reveals a widespread understanding of and support for this work. Many have expressed long-term skepticism of SHRM’s agenda and believe that, contrary to their claims and long-held reputation, they are not at the forefront of people-centered initiatives and do not speak for the HR community. Members are walking away in droves and those with certifications are allowing them to lapse. More than ever before, we understand the importance of resources like PracticalESG.com that are transparent, forward-thinking, and unapologetic about their support of DEI.

Our members can find more information about a variety of DEI topics here.

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The Editor

Ngozi Okeh is an experienced leader with a history of driving efforts to conceptualize, define, assess and promote diversity, equity, and inclusion (DEI) as strategic business processes. Ngozi is currently the Director of DEI at a leading marketing technology company where she develops and executes enterprise-wide DEI initiatives through rigorous strategic planning efforts, community partnerships, leadership collaboration, strategy evaluation, and careful management of communication and buy-in as well as policies and procedures.  Previously, she worked at an independent mortgage bank, where… View Profile