Diversity, equity and inclusion efforts have become something of a hot-button issue recently, but that doesn't mean it's not important.
A more welcoming workplace helps companies attract workers, workers that can provide a fresh perspective on end markets or best practices on the manufacturing floor.
Consulting group McKinsey & Co. says its research shows that companies in the top 25 percent of firms for racial and ethnic diversity are 35 percent more likely to have financial returns that are better than their competitors. And companies in the top quartile for gender diversity are 15 percent more likely to top the industry median for financial returns.
Plastics News has profiled individuals as part of its annual diversity report for the past few years. This year, we're making a slight shift to focus only on companies or plastics-oriented divisions of larger corporations. We'd like to recognize what goes into a companywide effort to reach out to more people.
You can find a link here to a survey asking for nominations for the 2024 Diversity Issue, which will run in PN the week of Feb. 26. We'd like to hear more about initiatives those businesses have taken, hurdles they've faced and best practices they've developed to become more inclusive — as well as revelations they've found on their journey.
The deadline to nominate a company is Jan. 26.