It was about a year ago that George Floyd was murdered, plunging the country into a crisis of conscience. A day of reckoning had arrived for the US, and then the world, on many levels—a reckoning that is still playing out today. This national trauma did not escape the corporate community. At the time, company after company pledgedor reiterated past promisesto focus on diversity, equality and inclusion. A turning point in the business community seemed to have arrived. 

So it is only natural we use the anniversary of Floyd’s death to look back to see what progress has been made. Have these corporate promises been fulfilled? At first glance it is tempting to say yes. It is no longer rare, for example, to see a chief diversity officer in the C-suite. And it is downright commonplace for companies to point to their diversity initiatives in hiring and human relations. To be sure, one could make the case that that progress has not been enough. It is difficult to find companies that actually measure the progress they are making with diversity, for instance. And few companies disclose actual numbers to the public, although some states are pushing for that and the Securities and Exchange Commission may take up that as well.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

More from this author

Women, Influence & Power in Law US Awards 2024Event

Women, Influence & Power in Law Awards honors women lawyers who have made a remarkable difference in the legal profession.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.