Canadian companies and their boards are increasingly turning to
DEI data to help re-evaluate their inclusivity commitments and meet
the scrutiny of shareholders. Regulators and private securities
advisors are also examining DEI issues in the context of the board,
including the CSA as they continue to consider diversity
disclosures beyond gender. Some companies are using racial equity
audits to assess their progress against DEI goals, making them a
helpful tool to support good corporate governance.
What is a racial equity audit?
A racial equity audit is an assessment of a company's
inclusivity (including its policies, practices, services, etc.),
with a particular focus on identifying and remediating any actual
or perceived disparate outcomes for racialized employees and other
stakeholders.
