MADISON, Wis.–Research shows 97% of firms with more than 1,000 employees are investing in DEI programs. The same holds for many credit unions. But are these investments actually working? The Filene Research Institute is launching an effort to find out.
Research shows that it is not enough simply to “have diversity,” noted Filene. “Organizations that leverage effective DEI practices and policies perform better in terms of value, risk, and growth,” it added.
But Filene said industry-specific research is needed to know what solutions yield the best results. To that end, Filene said it has officially launched a new research project within its Center of Excellence for Diversity, Equity and Inclusion to establish a benchmark for the credit union industry.
The project, conducted by Michigan State University professor and research fellow Dr. Quinetta Roberson, begins by surveying DEI practices and policies in the credit union industry to examine the presence, reach and value-creating effects of these practices.
10-Minute Survey
Filene said it is asking credit union CEOs, HR leaders or DEI leaders to complete the 10-minute DEI Practices and Policies Survey by April 18.
“Questions in the survey are not focused on demographics but on identifying what DEI practices are currently being implemented in credit unions across the country,” Filene said.
The organization said it will release the results of the survey at an upcoming research event on June 22-23.
For additional information, contact Filene’s Senior director of research, Taylor C. Nelms at taylorn@filene.org.