What is Diversity, Equity & Inclusion?
The umbrella of DE&I covers all the things a company does to make sure that each individual feels valued and can fully express themselves. An inclusive organisational culture gives people a sense of security. Each individual feels free to think only about their jobs, without having to worry about ‘fitting in’ with the prevailing model. The environment becomes highly creative and people want to belong.
1. Awareness
The first step towards building an inclusive culture is to recognise your own biases (stereotypes and prejudices) as well as any bias inherent in the organisation, so you can take effective, clear and efficient decisions
2. Inclusion
An inclusive culture is one that focuses on the individual and recognises their value, independently of – and in fact often because of – their diversity
3. The value of diversity
Diverse teams take more effective decisions because their members can offer different interpretations of reality.
Why do we at Newton promote Diversity, Equity & Inclusion (and encourage and support companies in doing the same)?
Promoting DE&I in the corporate world is fundamental for various reasons that Newton considers to be very important, due to our link with the Global Inclusion Art. 3 Committee, which is inspired by Article 3 of the Italian constitution and promotes a new model of inclusive leadership capable of generating organisational and social innovation. The objective is to remove organisational and cultural barriers in order to forge alliances and value each individual within the organisation.
Diversity, Equity & Inclusion
DE&I and equal representation
Promoting diversity in the corporate world means making sure that people from different identities, backgrounds, ethnic origins, genders, sexual orientations and abilities are represented equally and inclusively. Different experiences and perspectives can promote diversity of thought, innovation and creativity, leading to broader and more innovative solutions.
Diversity, Equity & Inclusion
DE&I and equality
Equality is a fundamental principle of DE&I. It means ensuring that everybody has the same opportunities, treatment and resources regardless of their differences. Promoting equality allows people to overcome the barriers that restrict certain individuals in reaching their full potential.
Diversity, Equity & Inclusion
DE&I and innovation
Various studies have shown that businesses with diverse, inclusive teams are more innovative. Bringing in different perspectives, experiences and skills creates a greater capacity for solving problems and for generating highly creative ideas, leading to better decision-making. Diversity promotes diversity of thought, which is essential when tackling the complex challenges of today’s world.
Diversity, Equity & Inclusion
DE&I and reputation
Companies that put DE&I at the forefront enjoy a better reputation among their own employees and with their clients. Organisations that promote diversity attract and retain high-quality talents. Their staff are more likely to feel engaged, fulfilled and motivated—they also have an increased sense of belonging to the company. Consumers are increasingly turning to businesses that can demonstrate a real commitment to diversity and inclusion.
Diversity, Equity & Inclusion
reducing inequality
Promoting DE&I goes beyond the individual workplace. It can help to reduce social inequality on a broader level. By adopting inclusive policies and practices, businesses can help to break down the barriers and prejudices found in society. This has a positive impact on the community and society as a whole, as it favours equality of opportunities and greater social cohesion. DE&I is a key element in the success and sustainability of a company, both in the present and the future.