Today we released our public EEO-1 dashboard, featuring gender, race, ethnicity, and EEO-1 disclosure insights on hundreds of S&P 500 companies. In addition to noting which companies have and haven’t disclosed their report to the U.S. Equal Employment Opportunity Commission, our dashboard contains granular workforce data that is sortable by sector, company, and job category, so DEI stakeholders can make quick and objective comparisons. Here are a few initial observations from our analysts:
- EEO-1 Disclosure: In 2019, only 24 S&P 500 companies publicly released their full EEO-1 data to the U.S. Equal Employment Opportunity Commission. That number was surpassed in the past eight weeks alone, as 54 companies disclosed EEO-1 data for the first time. These companies include ADP (NASDAQ: ADP), Chubb (NYSE: CB), Delta Air Lines (NYSE: DAL), ExxonMobil (NYSE: XOM), IBM (NYSE: IBM), Kroger (NYSE: KR), Prudential (NYSE: PRU) and Ross Stores (NASDAQ: ROST).
- In total, 90 S&P 500 companies disclosed EEO-1 data for the first time in 2022, by far the most active year for first-time disclosures.
- 277 companies in the S&P 500 have now fully disclosed EEO-1 data, and 21 more have publicly committed to publish it by the end of 2022. In total, that is nearly six times the number of companies (51) that fully disclosed EEO-1 data before the end of 2020.
- The industries with the highest percentage of companies that have made full EEO-1 disclosures are utilities (72.4%), financial services (64.2%) and energy (61.9%). At the same time, trailing all other industries are consumer staples (46.9%), industrials (45.8%) and communication services (43.5%).
Stay tuned for part two of our EEO-1 analysis, where we’ll delve into a few other interesting data points.