Home / Racial Equity Dividends Index / 2022 Racial Equity Dividends Index Report

2022 Racial Equity Dividends Index Report

The Racial Equity Dividends Index is a comprehensive tool that businesses opt into to measure their progress toward building inclusive workplaces in Minnesota. A total of 40 businesses participated in the first-ever Index in Spring 2022, which measured performance on the leading standards of racial equity, inclusion and belonging.

These 40 participating companies employ more than 200,000 workers in Minnesota, and an additional 550,000 employees elsewhere in the world — approximately one in every 12 non-government employees in Minnesota works for a company participating in the Index.

The Index scores participating companies on the leading standards to advance anti-racism, inclusion and belonging in seven categories including: leadership; hiring, culture, retention and advancement; procurement; products and services; philanthropy and investments; and public policy.

Participating organizations were evaluated and received scores ranging from 6 to 76 points out of a possible 100. The average company score was 38, with final totals significantly varying. On average, the larger organizations scored higher overall and in every Index category, likely reflecting their greater access to resources and staff capacity compared to smaller organizations.  

Read the full report now: