E&Y takes lead on diversity standard
23 May 2013
Ernst & Young is leading an initiative to launch a National Equality Standard (NES) for business later this month, which is designed to help companies create more diverse and inclusive organisations.
The firm is head of a group of leading businesses who have developed a set of measures for companies to use in assessing their efforts towards creating diversity and inclusion (D&I). The work has the support of the Equality and Human Rights Commission (EHRC) and the CBI.
Harry Gaskell, managing partner of E&Y's UK & Ireland advisory practice and head of D&I said: 'D&I is probably the biggest strategic challenge for business in the next 10 years. As global business challenges become more complex, solving them requires calling on the widest spectrum of views and opinion to offer diversity of thought and perspective.
'The NES will help businesses face up to that challenge. It is a robust diversity standard that provides businesses with a range of indicators to help them drive sustainable change and demonstrate exceptional practice.'
To be awarded the NES, each company will undertake an in-depth assessment against a defined set of criteria across seven standards. Trained NES assessors will review documentation, ensure legal compliance, conduct comprehensive interviews and sample staff through in-depth surveys. The outcome will be detailed in a comprehensive report.