We in red10 are becoming more aware of Equity, Diversity and Inclusion (EDI).
We thank:
- Respected EDI expert Claudia Iton for helping us, as a red10 team, to explore EDI and training us
- Courageous authors for enlightening us with their books, such as Ibram X. Kendi’s “How to be an anti-racist”
- Those who have joined red10 in recent years, increasing our ethnicity and noticeably diversifying our conversations and increasing our shared understanding
- Our clients for encouraging us on this EDI journey
In exploring EDI:
- We observe the structural inequality in this world, built up over many many years
- We note that it is not enough to just “not be racist” – rather we need to “anti-racist” to combat the structural inequality
- We see that not only is it good for the world, but that EDI is good for business – that Equity, Diversity and Inclusion are a strength that gives competitive advantage
We commit to:
Annually auditing our supplier base and aiming for it to always be over 50% small and diverse as defined as: Diverse-owned businesses are at least 51% owned and operated by `underrepresented groups’ which can include;
- Female-owned businesses
- LGBTQ+ and disabled-owned businesses
- Black, Indian, Asian, or Latino-owned and other minority-owned businesses
On 6th Sep 2023 we went through our last year of published accounts, which were our 2021-22 financial results.
In these accounts, 15 suppliers accounted for 73% of our cost-base.
In Sep 2023, 63% of these suppliers met the following criteria for being Small and Diverse:
Further increasing our understanding of EDI
- Periodic training of our staff and consultants on EDI
- Encouraging our clients to reap the business benefits of exploring their EDI
- Supporting movements that combat the years of structural inequality
We’d like your feedback on our pledge as we continue on this journey.