If you’re ready to develop a DEI strategy for your business, here’s what you should know about the terms diversity, equity, and inclusion and what they mean.
What is DEI?
Diversity, equity, and inclusion are often mentioned in conjunction with each other.
The eXtension Foundation Impact Collaborative defines these terms as follows:
- Diversity refers to people’s “race, gender, religion, sexual orientation, ethnicity nationality, socioeconomic status, language, (dis)ability, age, religious commitment or political perspective.”
- Equity promotes “justice, impartiality, and fairness within the procedure, processes, and distribution of resources by institutions or systems.”
- Inclusion ensures people of all diverse backgrounds are welcome and have a seat at the table.
CO—is committed to helping you start, run and grow your small business. Learn more about the benefits of small business membership in the U.S. Chamber of Commerce, here.
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