Only 3% of articles discussing diversity reference disability.
On International Day of Persons with Disabilities, global businesses Allianz, American Express, Expedia Group, FARFETCH, GSMA, L’Oréal, Philip Morris International, Philips and Schindler Group sign up to put disability inclusion on their board agendas.
This comes as data highlights that only 3% of articles discussing diversity referenced disability in 2019 and 2020.
Global disability inclusion movement The Valuable 500 is calling for the next decade to be the decade of disability inclusion in post-Covid-19 recovery.
London, 3rd December, 12:01 am: Today, on the International Day of Persons with Disabilities, The Valuable 500 – the largest network of global CEOs committed to diversity – announces the latest businesses to have become members.
This comes as new international data reveals only 3% of media articles discussing diversity referenced disability – and this has only risen by 1% in the last five years. In addition, despite references to ‘disability’ in the media rising by 55% in the last five years, only 1 in 3 articles talking about disability referenced business.
It is clear that while there is a growing increase in awareness around disability inclusion, it is still not as firmly embedded in the diversity & inclusion agenda as it should be and is often a forgotten aspect of this conversation – particularly when it comes to business leadership. The Valuable 500 is working to tackle this critical issue.
Those signing up recently to The Valuable 500 include, Allianz, Allied Irish Banks, American Express, Amplifon UK, Anthem, Inc., The Asahi Shimbun Company, Birds Eye, The Clorox Company, Costain Group, DTEK, EDF Energy, ENEOS Holdings, Expedia Group, FARFETCH, FleishmanHillard, Grant Thornton UK LLP, GSMA, Hinduja Global Solutions, Hogan Lovells, Innocent Drinks, Keelings, Kin + Carta, Kmart Australia, L’Oréal, Ottobock SE & Co, Philips, Philip Morris International, PSEG, Regions Bank, Schindler Group, Schroders, Sekisui House, Telstra, ThoughtWorks, Unisys, ViacomCBS Networks UK, Westpac and Wickes.
These latest global companies to join the movement are drawn from across the world, including the USA, Australia, Sweden, India, Ireland, Japan, Ukraine, Germany, UK and France.
Launched at Davos in January 2019 by Caroline Casey and Paul Polman, The Valuable 500 remains the only global CEO community dedicated to radically transforming the business system across the whole supply chain for the benefit of all those with a disability. In under two years, 360 CEOs have joined this community.
The new sign ups revealed today bring the combined revenue of The Valuable 500’s current members to over $5 trillion, encompassing 55 sectors, with over 12.8 million employees and reaching across 31 countries.
The Valuable 500’s announcements are made on the UN-sanctioned International Day of Persons with Disabilities, as we enter the 10 year countdown to the completion of the UN’s 2030 sustainable development goals. This year in particular, in light of the global pandemic, the day focuses on Building Back Better towards a disability-inclusive, accessible and sustainable post COVID-19 world.
The Valuable 500 is calling for a shift in mentality, and for business and society alike to make the next decade the decade of disruption when it comes to inclusion of persons with disabilities. Ensuring disability inclusion is firmly embedded within the whole business supply chain will not be achieved in a single day of awareness – but it can be a critical focus for the next 10 years as the world looks to build back better.
Inclusion of persons with disabilities – referenced in five of the SDGs – and therefore The Valuable 500’s mission – will be integral to meeting the UN’s 2030 agenda in time over the next decade. Currently, 15% of the global population are persons with disabilities. This number increases to 53% when you include the families of persons with disabilities. Businesses cannot afford to exclude such a significant pool of talent, diversity of thought and customers with a spending power of $8 trillion per annum.
This year has prompted much reflection on disability inclusion, from the changes to society COVID-19 has catalysed to it being the 30th anniversary of the Americans with Disabilities Act and the 25th anniversary of Britain’s Disability Discrimination Act. It is now time to look forward and to focus on the impact and change that can be engendered in this space by the deadline for the 2030 Sustainable Development Agenda.
The Valuable 500 itself is continuing to work to lay the foundations for a more inclusive society over the next decade, as it readies to announce the next phase of its mission in early 2021, looking at six key pillars, three internally in organisations and three externally, so together we can co-create and co-shape the business system to look at how disability is valued within business. The Valuable 500 is also embarking on joint ventures with the International Paralympics Committee.
Launched by social entrepreneur and activist Caroline Casey at the World Economic Forum Annual Meeting in January 2019, The Valuable 500 aims to put disability on the global business leadership agenda.
The Valuable 500 was created by Binc, the organisation founded by Caroline Casey in 2015, with a mission to ignite a historic global movement for a new age of business inclusion – capitalising on Caroline Casey’s 18-year track record of success engaging over 450 organisations. The campaign has won three awards: a Cannes Lion, D&AD, and a BIMA.
Our goal is to persuade 500 multinational companies that have at least 1,000 employees to make a public commitment to advance disability inclusion in their organisation. By engaging the most influential business leaders and brands, we want to create a tipping point within business that unlocks the business, social and economic value of the 1.3 billion people living with disabilities around the world, and the millions of us who will become disabled over time
We believe that if business takes a lead, society and government will follow, truly inclusive businesses can build truly inclusive societies.
About The Valuable 500: Phase 2.
We have approached over 2,800 leaders across the globe to commit to specific actions including putting disability performance on their leadership agenda.
The deadline to join the Valuable 500 has been extended to January 2021, and we will continue to build momentum and work with business leaders to complete the sign-up formalities to reach our goal of 500.
We also will inaugurate Phase II development in 2020: a three-year effort to turn The Valuable 500 into a community of like-minded business peers committed to raising their game on disability by sharing models, lessons learned, and energy. This will include:
Helping our 500 CEOs boost inclusivity best practice at the leadership level through our Executive Inclusivity Programme
Developing a peer-to-peer network of CEOs committed to inclusion
Providing research and insight around inclusivity and business disability performance
Empowering our CEOs to integrate disability across the entire value chain and
Continuing to change the global narrative around disability.
Whether you represent a company with more than 1000 employees looking to join our waiting list, or your company would like to join the Valuable Directory, we want to hear from you.