The 2030 Agenda for Sustainable Development contains 17 Sustainable Development Goals (SDGs) with 169 targets. It expands the integration of environmental, social, and economic policies and raises the bar on the role that all types and sizes of organizations in various sectors should play in supporting the global sustainable development agenda. At least 6 SDGs mention and support workplace Diversity & Inclusion and describes People, Planet, Prosperity, Peace, and Partnership as its focus.
According to McKinsey & Company 2015 research, there is positive correlation between diversity and organizational performance. Companies in the top- quartile for gender diversity on executive teams were 21% more likely to outperform on profitability and 27% more likely to have superior value creation. Companies in the top-quartile for ethnic/cultural diversity on executive teams were 33% more likely to have industry-leading profitability.
An increasing number of organizations around the world have made commitments to sustainability and are engaged in sustainability initiatives. Aligning D&I initiatives with sustainability efforts helps strengthen both the sustainability initiative and the D&I initiative, resulting in more focused use of resources and the ability to achieve goals.
Global Diversity & Inclusion Benchmarks (Standards for Organizations Around the World) support organizations globally in the development and implementation of Diversity and Inclusion (D&I) best practices.