Review of ESG Strategy Social Theme Human Capital

Review of ESG Strategy - Social Theme: Human Capital
Item 10b, Attachment 1, Page 11 of 39
Human Capital | Risks and Opportunities
“Demographically diverse groups are exposed to a wider range of perspectives than homogenous groups,
but diversity can also lead people to process evidence more accurately, and to discuss controversial and
polarizing issues.”
Tufts University, Research & Publications, Race & Interpersonal Processes
“A ‘high degree of groupthink’ was identified as
contributing to the International Monetary Fund’s
failure to correctly identify the risks leading up to
the worldwide financial crisis.”
Independent Evaluation Office of the
International Monetary Fund, Why did the IMF
Fail to Give Clear Warning? (April 12 , 2011)
“Companies in the top
quartile for racial and
ethnic diversity are 35
percent more likely to have
returns above their
respective national industry
medians.”
McKinsey & Company, Why Diversity
Matters, (February 2, 2015)
“Beyond gender, other
dimensions of diversity
are also found to be good
for business: race, board
member background,
LGBT identity, nationality.”
Catalyst, Why Diversity
Matters, (July 2013)
11