In recent months, diversity, equity, and inclusion initiatives have faced political scrutiny. With claims that DEI policies are unnecessary and even harmful to businesses’ success. Despite these attacks on DEI, it has been proven that stronger companies are built when all people are given a seat at the table and championed for their different abilities. While a number of companies have recently dropped their DEI policies, many others, including Caption Pros, are doubling down on their support of DEI’s power to foster innovation and drive long-term success.
Companies Making a Difference
Many large companies have reaffirmed their dedication to DEI and continue to prioritize implementing and expanding initiatives that support diverse workforces and inclusive workplace cultures.
Ben & Jerry’s Ice Cream released a statement of support for DEI. The company continues to be a champion of social justice by actively incorporating DEI into business operations. Now, they have planted their feet in the fight to keep racial equity and social justice at the forefront of their business and encourage others to join. Ben & Jerry’s states, “We call on other companies and institutions to prioritize this important work and not be intimidated or bullied by lawmakers and others who seek to ban policies and programs to advance the causes of racial and social justice.”
98% of Costco executives voted down NCPPR’s proxy proposal, expressing their strong commitment to DEI as appropriate and necessary, even as many companies scale back their initiatives. Costco has seen its DEI initiatives positively shape its workforce. They have and continue to exhibit their company as a place for people from all walks of life. While political pressure has dismantled DEI in some companies, Costco remains true to its stance.
In reference to their mission for inclusion, Cisco states, “It is intrinsic to who we are — and who we intend to be long into the future.” The company doubled down on its long-standing mission to celebrate and include people of all backgrounds and experiences. Cisco has implemented robust diversity strategies to build an inclusive culture within the tech industry. The company implemented employee resource groups (ERGs) and mentorship programs to build a space where diverse employees flourish. Year after year, Cisco has shown its commitment to implementing DEI at all levels and it won’t be changing that.
Why Businesses Value DEI
The companies above are proof that corporate leaders have recognized that DEI is not just about political ideologies. It fosters a culture that cultivates success. When inclusion is at the forefront, employee satisfaction and market competitiveness increase. The McKinsey 2023 report exhibits significant data demonstrating that diverse teams drive revenue and financial success to companies.
Based on derived data, an article by Gartner reflected on the importance of taking the step from hiring a diverse team to then implementing real inclusion policies in order to create an environment where diverse thinking can be leveraged. When inclusion is not just a word but put into practice, companies can harness its potential. Like Costco, Cisco, and Ben & Jerry’s, Caption Pros recognizes that implementing real DEI practices makes companies more adaptable, resilient, and innovative.
Caption Pros Stands for DEI
DEI is not a passing trend but a fundamental component of modern business success. At Caption Pros, we are proud to stand with industry-leading companies because we know the long-term benefits of DEI. Join Caption Pros in fighting for more inclusive workspaces, holding companies accountable, and celebrating others’ differences!
