Advisory firms are being encouraged to prioritise equality diversity and inclusion (EDI) practices as incorporation will boost their businesses, according to research.
The Chartered Insurance Institute's (CII) 2023 Corporate Chartered EDI survey revealed positive business outcomes for firms that implemented EDI practices and policies. Respondents said that practices such as "EDI training for colleagues that goes beyond compliance requirements", "attracting talent from underrepresented groups", and "systematically collecting diversity data" had led to positive outcomes for their firms. Respondents also said that EDI policies led to a "more representative workforce" and a "more representative senior leadership team". CII EDI manager Vivine Cameron ...
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