S&P 500 Opens Up on Diversity After Floyd as Investors Seek More

Large publicly traded companies are ramping up diversity and inclusion disclosures following George Floyd’s murder, as 80% of the S&P 500 now discuss work to achieve equitable businesses in annual reports.

At least 402 companies in the stock index mentioned diversity, equity and inclusion efforts in annual 10-Ks filed with the Securities and Exchange Commission last year, according to a Bloomberg Law review. The list includes companies from Facebook to Walgreens to Nike.

That’s a big jump from as few as 72 companies—roughly 14% of the S&P 500 Index—that spoke about diversity, equity and inclusion in 10-Ks submitted in 2020. ...