A Consumer Financial Protection Bureau study on diversity and inclusion in the financial services sector found depository lenders had the strongest showing in the area of supplier diversity.
Supplier Diversity: The study found 59% of sampled depository lenders had minority- and women-owned business programs, while comparatively fewer mortgage companies and other institutions published information on these programs.
More Findings: The CFPB also said:
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17% of sampled institutions publicized an annual diversity and inclusion report on their public websites.
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21% publicized workforce demographic metrics or individual profiles of their management teams.
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43% had a diversity and inclusion statement on their careers page.
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31% had a statement affirming a commitment to diversity and inclusion listed as a “core value.”