Black Equity Index

FAQs

What is the goal of the Black Equity Index?

The Black Equity Index promotes greater accountability and harnesses the collective power and knowledge of the professional world to empower Black talent and to create opportunity for the community. The Black Equity Index improves hiring, representation, promotion, inclusion, and retention of Black professionals across the corporate sector.

 

Why should employers sign on to participate?

The Black Equity Index reinforces commitments to racial equity and allows companies to drive sustainable, measurable change, by providing an independent benchmark to improve across shared principles and track true progress year after year.

What kind of information will be collected?

The Black Equity Index will collect company information on representation, as well as programs, policies, processes, and practices that impact Black employees and the community.

Will my company’s scores be published?

Companies will receive their scores privately, with ways to improve and excel over time. Coqual will publish aggregated data, trends, and insights, and offer a series of actionable recommendations to advance companies’ commitments to Black equity.

What is the timeline?

Coqual will launch the next survey in early 2023. We will post a more detailed timeline along with additional updates in the third quarter of 2022. If you have any questions or would like to receive updates about the next BEI, please email [email protected].

Do we need to be a Coqual task force member or a research sponsor to participate?

No, companies do not need to be a research sponsor or a Task Force member to participate in the Black Equity Index.

Is there a limit to the number of companies that can participate the first year?

There is not a limit to the number of participating companies.

What makes the Black Equity Index unique?

The Black Equity Index is fully independent, with criteria set by Coqual—–a third party attuned to the standards that help employers make measurable progress on racial equity. The depth and scope of the index and the information it gathers and analyzes is more expansive than what companies are doing internally.

Rather than merely measure current state, the index is aspirational. It helps companies understand where they are against current goals and where they should aspire to go next. Because the BEI aims to improve hiring, representation, promotion, inclusion, and retention of Black professionals, the index not only looks at data on representation but also on programs, policies, processes, and practices that impact Black employees and the community.

How does a company become a sponsor?

Please email [email protected]