The Black Equity Index (BEI) is a new initiative for organizations to advance and measure progress toward racial equity in the workplace. Informed by DE&I practitioners, the new set of standards harnesses the power of data to create opportunity for Black professionals. Designed to drive systemic, sustainable change, this independent and credible benchmark provides greater accountability for companies and their leaders, allowing organizations to track progress and improve their practices year after year.
Founded in partnership with a consortium of Chief Diversity Officers and technology sector leaders, Coqual’s BEI aims to improve hiring, representation, promotion, inclusion, and retention of Black professionals across the corporate sector.
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Why Now?
Companies around the globe have committed to create equity for Black professionals. Yet there hasn’t been an independent organization tracking progress on Black equity and pushing companies to make change.
A group of CDOs came together to create a tool to measure and accelerate company efforts. They chose Coqual as their partner to drive the initiative.
“Coqual is responsible for some of the most groundbreaking and innovative research on issues affecting Black professionals. They’ve been in this space for a very long time. Their network of board members and advisors includes diversity practitioners, researchers, and civil rights activists that have been doing this work for decades.” –Tech sector CDO
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