EDI has a positive impact on business: CII

Improving representation has the most impact

Cameron Roberts
clock • 1 min read

The Chartered Insurance Institute’s (CII) 2023 Corporate Chartered Equality Diversity and Inclusion (EDI) survey has data which highlights the business case for EDI.

The aspects with the most increased impact on businesses, those that scored ‘to a moderate extent' or ‘to a great extent' on impact on business outcomes, were: creating a more representative workforce (40%), reducing salary discrepancies (43%) and more representative senior leadership team (31%). This research is paired with the CII's Young Foundation EDI report, which found that nearly 75% of professionals had experienced ‘discriminatory or exclusionary' workplace behaviour. The most widely adopted practices were: family and carer friendly policies (87%), leaders role modelling an in...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

Rise in housing worries for employees

Rise in housing worries for employees

Calls to employee helpline rising

Cameron Roberts
clock 10 May 2024 • 1 min read
BIBA board changes

BIBA board changes

New advisory board chairs

Cameron Roberts
clock 08 May 2024 • 1 min read
Slice of the pie

Slice of the pie

Growing the market vs market share

Cameron Roberts
clock 01 May 2024 • 6 min read