Race Equality. The benefits for responsible business

Article

This report shows how businesses and communities can reap the benefits of a wealthier and more integrated society through their commitment to promoting race equality.

Between 1999 and 2009, ethnic minority communities will rise from 6.7 per cent to 8 per cent of the total working-age population, accounting for half of its growth. At the same time, racial discrimination is preventing businesses from reaping the benefits of diversity, including in relation to their workforces, supply chains and customer bases.

While no one solution fits all, for large and small businesses alike, this report outlines a change model for action focused on the following areas: leadership; education, information, and advice; incentives and rewards; and measuring progress.

This report is for anyone striving to ensure that talent does not get wasted in an ever increasingly competitive economy, and that businesses and communities can reap the benefits of wealthier and more integrated society through their commitment to promoting race equality.

Related items

  1. View of Bank of England, Royal Exchange, and Duke of Wellington equestrian statue (1844) with skyscrapers and construction in background.

    Navigating in the fog: Why the OBR should hold its nerve on the productivity forecast

    The fiscal watchdog is under pressure to downgrade its forecast, costing the chancellor billions – but this would be premature.
  2. A busy bus full of people of all ages. An older couple smile at a younger woman with a baby in a pushchair

    Everyday concerns: What people want from transport

    Transport has a key role to play in achieving the UK government's missions and improving lives. 
  3. An unrecognisable woman playing a slot machine in a social club

    Reforming gambling taxation: How to lift half a million children out of poverty

    A key priority for the government’s upcoming child poverty strategy should be to remove the two-child limit and scrap the household benefit cap.