Definition: DEI

(Diversity Equity and Inclusion) A corporate framework that creates a welcome environment for everyone, no matter their ethnicity, and where all employees are treated the same. Diversity and equity mean that all minorities are given equal status, whereas inclusion focuses on making everyone feel valued in the company.

Although diversity in the workplace in the U.S. emerged in the 1960s, the DEI moniker became popular in the 2010s. Elements of DEI are included in the following:

DEI + Belonging (DEIB)
Some companies have added belonging to the DEI moniker to ensure that employees really feel part of the organization.

Corporate Social Responsibility (CSR)
CSR is about creating a positive mindset and culture.

Conscious Capitalism
A business goal that considers ethics rather than only profits.

Environmental, Social and Governance (ESG)
ESG focuses on climate and social aspects instead of profit.