DEI Conversation #2 on why Diversity, Equity & Inclusion
In early June, the 30% Club Malaysia’s Chair Ami Moris spoke to Dr. Ken Yeoh of Bursa Malaysia, Soraphol Tulayasathien of The Stock Exchange of Thailand; and Chin Loo Low of EDGE Certification on what it takes to drive diversity, equity and inclusion. Key take outs:
1. Quotas and KPIs need to be augmented by advocacy beyond just the boardroom; these initiatives must also include top leadership.
2. Increased and specific disclosure requirements by investors, regulators and policy makers to expedite demographic representation.
3. Focus on equity is crucial given established practices of unequal access to opportunities.
4. DEI is not a compliance exercise or a mere reporting tool, rather a competitive advantage.
5. There is ROI in Diversity, Equity and Inclusion.