SFNet committees offer members opportunity to engage with colleagues, delve into special interest areas, and develop knowledge around specific topics. New in 2021, each committee has the option to curate articles, data and news that speak to their specific focus. Our new Diversity, Equity and Inclusion Committee is the first to create their library, with more to follow. Click below to access the list of articles.
 

Diversity, Equity and Inclusion Committee Articles

In the News

SFNet Presents: Results of Groundbreaking Diversity, Equity and Inclusiveness Survey | June 28, 2022
Join the conversation as members of SFNet’s Diversity, Equity and Inclusiveness Committee discuss the results of SFNet’s much-anticipated, groundbreaking DEI benchmarking study of the secured finance industry. This undertaking, in conjunction with Rutgers University and underwritten by the Secured Finance Foundation and Wells Fargo, provides a first-ever comprehensive perspective on the current state of diversity, equity and inclusiveness among SFNet member companies. The outcomes reveal insights and tools to drive continuous improvement and provide a baseline to mark improvements in hiring, retention, advancement and increasing engagement of diverse professionals within our institutions and the SFNet community.

 

‘We Made It, All Of Us’: Ketanji Brown Jackson Marks Her Own History Tearfully, Poetically, Powerfully By Erin Spencer Sairam Thursday afternoon, Kamala Harris, the first Black woman to serve as Vice President, presided over the vote to confirm Judge Ketanji Brown Jackson as the first Black woman on the Supreme Court of the United States.

 

The state of Diversity and Inclusion in 2022 By Scott Birch Diversity and Inclusion are key to business success and sustainability. That is the popular theory, but are organisations practising what they preach?

 

Employment rises for disabled workers By Taylor Borden, Editor at LinkedIn News There are more than 60 million Americans with disabilities — and while they are much less likely to be employed than those without disabilities, the number of disabled workers in the U.S. is on the rise.

 

Experts Share DE&I, Training Forecasts for 2022 By Kathy Gurchiek Peering into the swirling mists of the new year, HR leaders share their predictions for organizational and employee development; diversity, equity and inclusion (DE&I); and well-being initiatives. Read ahead for a look into the great beyond of 2022.

 

Las marcas apuestan por la diversidad apoyando pequeños negocios propiedad de colectivos étnicos Más allá del respeto al medio ambiente y la lucha contra la emergencia climática, las marcas y compañías persiguen también otras metas con la intención de contribuir a la consecución de los Objetivos de Desarrollo Sostenible, entre ellas, la reducción de desigualdades o el fomento del trabajo decente y el crecimiento económico. En un contexto, además,  en el que valores como la integración, la diversidad y la inclusión cotizan al alza, cada vez son más las empresas que apuestan por brindar apoyo y acompañamiento a pequeños negocios propiedad de empresarios y emprendedores hispanos, asiáticos o negros.

 

Diversity, equity and inclusion report from Ingredion sets four goals By Jeff Gelski Ingredion, Inc. listed four goals and milestones and four pillars when releasing its first-ever diversity, equity and inclusion (DEI) report on Sept. 2.

 

Diversity and Inclusion Efforts That Really Work  By David Pedulla A Stanford and Harvard professor convened a symposium on what’s actually working to improve diversity and inclusion in organizational life.

 

SFNet Diversity, Equity and Inclusiveness Committee By Michele Ocejo, SFNet director of communications and editor-in-chief of The Secured Lender Interview with Betty Hernandez, chair of SFNet’s Diversity, Equity and Inclusiveness Committee.

 

Women in the Workplace 2020

By Sarah Coury, Jess Huang, Ankur Kumar, Sara Prince, Alexis Krivkovich, and Lareina Yee, McKinsey & Company This is the sixth year of the Women in the Workplace study—in a year unlike any other. This effort, conducted in partnership with LeanIn.Org, tracks the progress of women in corporate America.

 

Diversity still matters

By Kevin Dolan, Vivian Hunt, Sara Prince, and Sandra Sancier-Sultan, McKinsey & Company COVID-19 is confronting companies around the world with a daunting degree of disruption. In the immediate term, some face devastating losses of revenue, dislocations to operations and supply chains, and challenges to liquidity and solvency. Others are coping with enormous unexpected spikes in demand.  

 

Why diversity matters

By Vivian Hunt, Dennis Layton, and Sara Prince, McKinsey & Company New research makes it increasingly clear that companies with more diverse workforces perform better financially.  

 

Ten things to know about gender equality

By Mekala Krishnan, Anu Madgavkar, Kweilin Ellingrud, Lareina Yee, Vivian Hunt, Olivia White, and Deepa Mahajan, McKinsey & Company In 2015, the 193 member countries of the United Nations came together to commit to 17 Sustainable Development Goals. Goal 5 focused on gender equality and set the ambitious target of achieving gender equality and empowering women and girls everywhere by 2030.

 

The Value Of Diversity

By Jill Griffin, Forbes Joanna Rees is an investor, entrepreneur, advisor, educator and mentor with deep expertise in helping companies and organizations define their market and build powerful brands.

 

Diversidad, el negocio en el que todos ganan

By Jesica Mateu, Forbes Políticas y acciones concretas de inclusión y diversidad ya no solo generan más oportunidades, también promueven la productividad y la innovación, provocando un crecimiento del 20% en la calidad de la toma de decisiones.  

Diversidad e Inclusión, ¿por qué es importante para los negocios?

By Lissett Bastidas, By Sintec Consulting La Diversidad e Inclusión cada vez son más críticos para la sostenibilidad y competitividad de los negocios. Entender nuestro estado actual y la manera en que lo hacen las empresas mejor rankeadas en este ámbito nos puede ayudar a dar pasos importantes hacia adelante.

 

 

Self Improvement


Bring Your Whole Self To Work By Henna Inam How well do you know your co-workers? Really know them. Do you know their highest aspirations? What did they want to be when they were kids? What keeps them up at night? Chances are we keep even our personal conversations at work at a surface level.

 

DEI Gets Real By Dagny Dukach It’s easy to view the corporate world’s growing emphasis on DEI—diversity, equity, and inclusion—with cynicism. Too often attempts to address discrimination seem to be more about optics than about real change, with business leaders’ being quick to issue statements of support but sluggish when it comes to taking meaningful action. And if you’ve ever rolled your eyes at a buzzword-laden corporate diversity training, you’re not alone.

 

Diversity wins: How inclusion matters By Sundiatu Dixon-Fyle, Kevin Dolan, Vivian Hunt, and Sara Prince iversity wins is the third report in a McKinsey series investigating the business case for diversity, following Why diversity matters (2015) and Delivering through diversity (2018).

 

Being Black in Corporate America An intersectional Exploration 

 

The Power of Belonging

 

La relación entre diversidad cultural y salud By Ana Hernandez La salud pública se ve enfrentada a grandes desafíos. Especialmente, en Latinoamérica, donde para brindarle a la población protección sanitaria necesita integrar varios componentes. Es así, como la diversidad cultural, agrupa conocimientos médicos, creencias indígenas y practicas ancestrales tradicionales.

 

The case for accelerating financial inclusion in black communities

By Aria Florant, JP Julien, Shelley Stewart, Nina Yancy, and Jason Wright, McKinsey & Company A lack of financial inclusion for black Americans exists at every level of the financial system. Understanding the sources of exclusion is the first step to fixing the system.

 

Leadership

New FCA Policy Statement on Diversity and Inclusion on boards and executive management (UK) By Laura Nelson  At the end of last year the Financial Conduct Authority consulted on increasing diversity and inclusion on company boards and executive management in the financial services sector, and on the back of the responses received, has yesterday published its “Policy Statement” which sets out the changes it intends.

 

DEI in 2022: Key trends and findings  hNow, more than ever, organizations are beginning to recognize the urgency of advancing diversity, equity, and inclusion (DEI). While many companies made racial justice commitments in the summer of 2020, few have made meaningful progress beyond hiring some DEI staff and making small investments in programming.

 

5 Podcasts for Leaders Looking to Build Inclusive Workplaces BY KATIE BURKE, CHIEF PEOPLE OFFICER, HUBSPOT Looking to lead with more empathy in 2022? Start by tuning in

 

3 Steps to Battle Microaggressions and Improve Workplace Inclusivity BY DONNEBRA MCCLENDON Left unaddressed, microaggressions not only undermine people in the workplace but also affect a company's well-meaning intentions to create diverse, equitable, and inclusive workplaces.

 

How to Continue Your Diversity Initiatives in 2022 By Rashan Dixon Diversity isn't something you can just focus on for just a year or two. Ensure that you meet and exceed all of your inclusivity goals in the coming year.

 

4 DEI Practices Your Company Should Adopt In 2022 By Janice Gassam Asare Diversity, equity, and inclusion (DEI) has become a top priority for organizational leaders across the globe. The murder of George Floyd sparked a racial revolution that pushed social justice to the forefront.

 

Getting Serious About Diversity: Enough Already with the Business Case By Robin J. Ely and David A. Thomas “The business case has been made to demonstrate the value a diverse board brings to the company and its constituents.”

 

10 Steps to Improve the Development and Retention of Your Diverse Workforce By Keith R. Wyche Over the past few years, much attention has been paid to the importance of attracting, developing and retaining diverse talent. This focus has increased exponentially given the war for talent, the mass exodus of talent due to the “Great Resignation”, and the changing demographics as America moves ever closer to a “majority minority” country.

 

4 Ways New Managers Can Lead Diverse Teams By Marie Deveaux Here are a few tips on how you can prepare your organization and your new managers to lead diverse teams successfully.

 

Diversidad laboral: los beneficios de ser una empresa inclusiva By Javier Castillo Las empresas inclusivas han demostrado ser más productivas y exitosas pero ¿cuál es la razón? Te explicamos qué es una empresa abierta a la diversidad y los beneficios que te puede traer.

 

Are you missing the mark on DEI? What employees think By Michele McGovern You made serious strides in Diversity, Equity & Inclusion (DEI). But do your employees think it’s good enough?

 

How ‘unconscious bias’ training improves culture and productivity By Natasha Nicholson We all hold some type of unconscious bias or stereotype – an unsupported opinion in favor of or against someone or something – that we aren’t even aware of.

 

4 Steps to Making Diversity, Equity, and Inclusion Part of Your Company’s Culture By Scott Lepisto Diversity, equity, and inclusion (DEI) in a corporate context is sometimes thought to be synonymous with implicit bias training. This is unfortunate because implicit bias training has been shown to have shortcomings when implemented incorrectly and because training alone isn’t enough to create an inclusive culture in the workplace.

 

Majority of employees want to work for a company that values diversity, equity and inclusion, survey shows By Susan Caminiti Workers want business leaders to speak up on social and political issues and think companies can do more when it comes to diversity, equity, and inclusion efforts, according to the latest CNBC|SurveyMonkey Workforce Survey.

 

7 Ways Leaders Can Level Up Their DEI Workplace Strategy By Angela Kambouris Here's how to go from strategy to meaningful action in building a workforce that is diverse, equitable and inclusive.

 

Sustaining and strengthening inclusion in our new remote environment

By Diana Ellsworth, Ruth Imose, Stephanie Madner, and Rens van den Broek, McKinsey & Company Thoughtful action now can help teams build new habits, strengthen connections, and encourage the growth of inclusive cultures that will better realize the full potential of all employees.

 

How companies can make meaningful progress for LGBTQ+ employees

Podcast, McKinsey & Company Despite visible signs of progress, workplace challenges persist for members of the LGBTQ+ community. Here’s what companies can do to help their LGBTQ+ employees bring their authentic selves to work.

 

How the LGBTQ+ community fares in the workplace

By Diana Ellsworth, Ana Mendy, and Gavin Sullivan, McKinsey & Company LGBTQ+ rights over the past two decades, with many companies making public gestures of support. Hundreds of major consumer brands have become regular sponsors of annual Pride events.

Closing the gap: Leadership perspectives on promoting women in financial services

By Stacey Chin, Alexis Krivkovich, and Marie-Claude Nadeau, McKinsey & Company Men still make up most of the management ranks at banks and insurers. New survey data and interviews with female executives point the way to improving gender diversity.

 

How Can Diversity In Leadership Change The Way We Work?

By Quora via Forbes How can diversity in leadership change the way we work? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world.

 

If You’re Expecting Diversity & Inclusion Leaders To Fix Workplace Racism, Think Again

By Dana Brownlee, Forbes In response to recent Black Lives Matters demonstrations in the wake of George Floyd’s killing, corporate America doubled down on its commitment to antiracism.

 

Dealing With Race At Work - Why Diversity Initiatives Need To Go Further

By Shaheena Janjuha-Jivraj, Forbes Black History Month 2020 provided even more attention to events and discussions focusing on creating cultures where sensitive conversations are aligned with practical ways to move forward.  

 

How To Make Diversity And Inclusion Successful As Part Of The War For Talent

By Liz Kislik, Forbes Many organizations see diversity and inclusion (D&I) as a complex, challenging subject or a burdensome task without an assured payoff. Leaders often don’t know where to start their D&I efforts, and they may turn away from initiatives when they’re not sure how to get traction.

 

Want More Diverse Senior Leadership? Sponsor Junior Talent.

By Herminia Ibarra and Nana von Bernuth, Harvard Business Review Sponsorship is emerging as a valuable tool for increasing diversity in an organization’s senior ranks. The authors define sponsorship as “a helping relationship in which seHernior, powerful people use their personal clout to talk up, advocate for, and place a more junior person in a key role.” In this piece, they define a number of specific do’s and don’t’s that apply specifically to the use of sponsorship to help the careers of promising employees from underrepresented groups, and to boost diversity at the executive level.

 

Do You Know Why Your Company Needs a Chief Diversity Officer?

By Mita Mallick, Harvard Business Review The growing force of the racial justice movement in the United States has pushed many companies to start searching — internally and externally — for their first Chief Diversity/Equity/Inclusion Officer  

 

Are Your D&I Efforts Helping Employees Feel Like They Belong?

By Michael Slepian, Harvard Business Review Sometimes, efforts at inclusion can backfire. Consider the manager who talks to her low-wage employees about upcoming international travel plans, or the co-worker who expresses surprise that a Black colleague doesn’t conform to a stereotype. 

 

Environmental, Social, and Governance

 

Ready, Set, Disclose? ESG Lending and The Middle Market

By Jeffrey Dunlop, Chris Swartout and Salma Taleb

The European Union’s recent passage of its Sustainability Financial Disclosure Regulation marks yet another milestone in the progression of environmental, social and governance matters. This article will review this regulation and related ESG disclosure requirements, together with other notable ESG developments, and discuss their impact on middle-market lenders.

Read More


 

Environmental, Social and Corporate Governance: How They Interact With Our Organizations and the Markets We Serve–What We Can Learn From Europe

Leaders across our industries discuss what ESG means to them and their customers. Panel originally aired on November 1, 2021 at the SFNet 77th Annual Convention.

Panelists:

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DEI Committee Reading List

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The Art of Gathering: How We Meet and Why It Matters

By Priya Parker
In The Art of Gathering, Priya Parker argues that the gatherings in our lives are lackluster and unproductive--which they don't have to be.



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This Chair Rocks: A Manifesto Against Ageism

By Ashton Applewhite

From childhood on, we’re barraged by messages that it’s sad to be old. That wrinkles are embarrassing, and old people useless. Author and activist Ashton Applewhite believed them too—until she realized where this prejudice comes from and the damage it does.



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Blindspot: Hidden Biases of Good People

By Mahzarin Banaji and Anthony Greenwald
In Blindspot, Mahzarin Banaji and Anthony Greenwald explore hidden biases that we all carry from a lifetime of experiences with social groups – age, gender, race, ethnicity, religion, social class, sexuality, disability status, or nationality.



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How to Be an Antiracist

By Ibram X. Kendi
In his memoir, Kendi weaves together an electrifying combination of ethics, history, law, and science--including the story of his own awakening to antiracism--bringing it all together in a cogent, accessible form. Download the discussion kit, click here.



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Gender: Your Guide

By Lee Airton
A Gender-Friendly Primer on What to Know, What to Say, and What to Do in the New Gender Culture



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The Witches Are Coming

By Lindy West
The firebrand New York Times columnist and bestselling author of Shrill - now a Hulu series starring Aidy Bryant - provides a brilliant and incisive look at how patriarchy, intolerance, and misogyny have conquered not just politics but American culture itself.



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We Are Not Here to Be Bystanders

By Linda Sarsour
Linda Sarsour, co-organizer of the Women’s March, shares an “unforgettable memoir” (Booklist) about how growing up Palestinian Muslim American, feminist, and empowered moved her to become a globally recognized activist on behalf of marginalized communities across the country.



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Better Allies: Everyday Actions to Create Inclusive, Engaging Workplaces

By Karen Catlin
One secret to creating this kind of vibrant and supportive workplace is practicing active allyship. With the Better Allies® approach, it’s something anyone can do, not just people who have “diversity,” “inclusion,” or “belonging” in their job title. To see the discussion guide, click here.



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Why Are All the Black Kids Sitting Together in the Cafeteria?

By Beverly Daniel Tatum
Walk into any racially mixed high school and you will see Black, White, and Latino youth clustered in their own groups. Is this self-segregation a problem to address or a coping strategy? Beverly Daniel Tatum, a renowned authority on the psychology of racism, argues that straight talk about our racial identities is essential if we are serious about enabling communication across racial and ethnic divides. To see the discussion guide, click here.



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White Tears/Brown Scars

By Ruby Hamad
When white people cry foul it is often people of colour who suffer. White tears have a potency that silences racial minorities. White Tears/Brown Scars blows open the inconvenient truth that when it comes to race, white entitlement is too often masked by victimhood. 



Diversity, Equity and Inclusion Glossary

The dialogue around diversity, equity and inclusion is broad and growing. This introduces the need for common vocabulary to avoid misunderstandings and misinterpretations. Words often have different meanings; depending on lived experiences words might hold different meanings for different people.