News

Richard Baxter and Constance Tait examine a report suggesting that firms with targeted support for ethnic minority workers see benefits

  • July 07, 2021
  • By Richard Baxter, Partner and Constance Tait, Trainee Solicitor

Report suggests that firms with targeted support for ethnic minority workers see higher revenues and other benefits

Further to Hunters’ recent silver award in the Diversity/Gender Programme of the Year category at the 2021 Citywealth Magic Circle Awards, a recent report from Henley Business School has drawn conclusions of interest to us.

The report concludes that firms with targeted support for ethnic minorities have higher revenues and see other environmental, social, and governance (‘ESG’) benefits. Fostering an inclusive culture can help companies improve sustainability and innovation, as well as employee wellbeing and engagement, comments Dr Naeema Pasher, the report’s lead researcher, in the introduction to the report.

The study analysed the earnings of 100 FTSE 350 firms and concludes that businesses which provide targeted support for ethnic minority groups generate on average 58 per cent more revenue than those that do not. The report also highlights that market capitalisation was higher on average in those firms with targeted measures.

For specific advice on any commercial or corporate issues, please contact Richard Baxter on 020 7412 0050 or richard.baxter@hunterslaw.com.

Related News

Jul 22, 2021
Gregor Kleinknecht and Constance Tait examine the impact on trademark litigation and provide 10 tips on navigating the post-Brexit era in Managing IP
Jul 16, 2021
Gregor Kleinknecht and Anastassia Dimmek examine the growing threat of zombie firms in Lawyer Monthly
Jun 28, 2021
Richard Baxter discusses UK-EU Data Protection and how adequacy decisions avoid imminent disruption to data flows
Jun 23, 2021
Richard Baxter and Constance Tait examine the recent Burnell v Trans-Tag Ltd case in the High Court
Jun 22, 2021
Anastassia Dimmek discussed the key challenges of protecting clients’ healthy businesses from zombie firms in a webinar hosted by Advoselect
Jun 18, 2021
Richard Baxter and Constance Tait discuss the looming annual returns deadline for employee share schemes
May 18, 2021
Hunters hosted the Withdrawal and The Trade Marks Act 1994 webinar
Mar 17, 2021
Stephen Morrall comments on Uber drivers entitled to minimum wage, holiday pay and pension following the Supreme Court decision in The Sunday Times Driving, The Times and the Daily Mail
Feb 19, 2021
Stephen Morrall comments on Uber losing a landmark Supreme Court battle in the Evening Standard and the Financial Times
Feb 12, 2021
Richard Baxter and Hannah Solel examine data protection post-Brexit in Information Security Buzz

© Hunters Law LLP 2021 | Privacy NoticeLegal & Regulatory | Cookies Policy | Complaints Procedure.

Hunters Law LLP is authorised and regulated by the Solicitors Regulation Authority (number 657218)