The United States House Committee on Financial Services held a hearing on Thursday, March 18 titled, “By the Numbers: How Diversity Data Can Measure Commitment to Diversity, Equity and Inclusion.”
During the Subcommittee on Diversity and Inclusion’s hearing co-chaired by Rep. Maxine Waters of California and Rep. Joyce Beatty of Ohio, Fair360, formerly DiversityInc CEO Carolynn Johnson testified on the importance of data transparency and accountability and how a lack of it can have an impact on diversity and inclusion oversight. Johnson’s testimonial touched upon the success some companies have had in making their data more available — and the boost in profitability and equitable workforce representation that those disclosures have helped to bring about.