SASB General Issue Category: Social Capital

Diversity washing, similar to greenwashing, refers to the practice of companies or organizations making superficial or deceptive claims about their commitment to diversity and inclusion without taking meaningful action. It involves projecting an image of supporting diversity, equity, and inclusion (DEI) while not implementing substantive changes to foster an inclusive workplace or culture. This practice can mislead stakeholders—employees, customers, and investors—about the organization's true efforts regarding diversity.

Diversity refers to the range of differences and similarities among people. Equity ensures fair access to resources and opportunities, while inclusion involves creating a culture where everyone feels valued and respected. Together, diversity, equity, and inclusion are important for promoting a fair, just, and thriving society.

SASB General Issue Category: Human Capital including DEI, etc.