EY’s DEI report: does IIE meet their standards?

February 25, 2025
Posted in News
February 25, 2025 Rohan Mapara

EY’s DEI report: does IIE meet their standards?

Worried about EY's report? We have read it and outlined how IIE members are already meeting and exceeding the standards set out by EY

EY released a report titled ‘DE&I interventions that deliver – what works across multiple characteristics’ in January 2025. We sent representatives to their release event, and our coordinator, Rohan, has read the report, summarised it, and showed how EY’s research aligns with the work we do through the Maturity Matrix. 

EY’s report: a brief summary

Introduction 

Across British businesses, there is persistent under-representation of women and minority groups, with representation decreasing at higher managerial levels. While DE&I initiatives are widespread, they often fail to be impactful across multiple characteristics. Evidence on gender impacts is strong, but research on other characteristics is still developing 

Overarching Goal 

To create an environment where people behave towards each other in an inclusive way. While it can be tempting to focus solely on increasing diverse representation, it’s critical to use data analysis to address underlying behaviours. 

Core Focus Areas 

The report places inclusive culture at the forefront of all initiatives, covering four primary intervention areas: 

Intervention area and goal  Composition 
Measurement – goal of understanding experiences of different groups  Data collection (qualitative and quantitative) and analysis + SMART goals on representation and inclusion 
Recruitment – opportunity to create new company narratives  Strategies to access diverse candidates + give diverse candidates equity in prep for assessments 
Retention (flexibility)  Flexible working + inclusive meetings and communications 
Development and Progression  Structured and time-bound development mentorship/sponsorship programmes + Clear and structured promotion process with targets 

Key recommendations 

There is no universal “right” way to instigate change, even small steps can make a significant difference for businesses and employees. Companies should: 

  • Build a strong company culture 
  • Ensure leadership accountability 
  • Consider where efforts can be most impactful across multiple characteristics 

EY and IIE: a comparison

EY’s recommendations not only align with our Maturity Matrix roadmap, they actually fit into it. Just like EY, we advocate for a holistic approach that is flexible and focused on building belonging. However, I would argue that the standards set by IIE surpass those of EY, as our roadmap contains seven comprehensive steps to achieve ethnic inclusion compared to their four-step approach. This demonstrates that as a member of IIE you do not need to worry whether your organisation’s DEI strategy is up to date, because we are here to ensure that you have access to the latest industry knowledge.  

 

The Maturity Matrix endorsed by Governance And Inclusive Leadership APPG

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