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One-minute reads

bite-sized wisdom on equity & inclusion

Get key insights distilled into manageable, no-jargon, quick reads for a deeper understanding of equity and inclusion.

A Proven Strategy to Boost Business Success

Diversity isn't just a buzzword—it's a game-changer. Companies that prioritise diversity not only foster inclusive cultures but also reap the rewards of enhanced financial results.


Consider this: companies in the top quartile for gender diversity are a staggering 39% more likely to outperform their peers. And it doesn't stop there. Ethnic diversity also plays a pivotal role, with a 39% increased likelihood of outperformance for the top quartile in ethnic representation [1].


In practical terms, this means that if Company Homogeneous earns $100,000 in profits, Company Diversity would be expected to earn $139,000. That's an additional $39,000 in profit for Company Diversity.


This increased profitability for Company Diversity may be attributed to several factors. A diverse executive team and board may have better innovation, problem-solving, and decision-making abilities. They can tap into a wider range of perspectives and experiences, leading to more creative solutions and a better understanding of diverse customer needs.


These stats underscore the importance of embedding gender equity, diversity, and inclusion (GEDI) initiatives into your company's strategy. But implementing GEDI initiatives isn't without its challenges. Addressing systemic barriers requires commitment and dedication. However, the data unequivocally proves that these efforts are not only worthwhile but increasingly necessary in today's competitive landscape. By fostering diverse executive teams and boards, you're not only championing inclusivity but also fueling financial performance.


Ready to harness the power of diversity and witness your performance soar? Take action today. Contact Loupe to find out what you can do to boost your company’s diversity and business success.


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