Letter from the Editor
Diversity and inclusion (D&I) is an idea whose time has come, and it’s here in the face of rampant inequality, growing socioeconomic divides, and social movements that make it impossible to ignore. The numbers are in: we know that companies in the top quartile for gender diversity are 15% more likely to have financial returns above their respective national industry medians. Once a competitive advantage, D&I has become a license to operate – a license issued by our customers, employees, and the communities in which we operate.
It’s also a topic that’s close to our hearts at The Catalyst. With operations in over 90 countries and roots dating back over 50 years, Palladium solidified our commitment to creating a diverse and inclusive working environment as recently as 2016.
Fast forward four years, and now women make up over half of our managing partners, with other structures in place to bring diversity of thought and inclusion to the company’s leadership and decision-making. Our equal pay gap, once as high as 21% in parts of the business, is now less than 1% globally. Engagement is up, attrition is down, and there’s always more work to be done.
Whether you’re looking to grow your bottom line or to do what’s right by your stakeholders (or both), this is a topic that warrants your attention.
The articles in this second edition of our quarterly Special Report are curated from those published by our thought leaders over the past 18 months. Each approaches diversity and inclusion from a different perspective, be it a particular industry, stakeholder, case study, or point of view.
I hope you’ll find something in these pages that resonates with you, and if so, I welcome you to get in touch.
All the best,
Director of Communications