[bitti]

I share your concern... Started as a manager in a successful scale-up and as usual our engineering staff is white & male (we are hiring from European Timezone). In order to secure the funding round, the higher management has introduced a diversity targets, which is driven aggressively by HR. Funny enough lots of the European laws forbid asking if the candidate is a member of an "unrepresented" group, so I guess we'll be just eyeballing it??? This won't end good, but one must make a living.

[yourusername]

How can you even report to your investors on this diversity? I was under the impression that registering things like sexual/gender/religious identity and "race" are not allowed under GDPR unless you have very good reasons (i would assume securing investment is not one of them).

[rizzaxc]

hold up you need DIE to convince investors? how does this make sense; wouldn't they be more concerned about your company's cold, hard numbers?

[raxxorraxor]

Depends on the investors but allegedly it is widely spread. And if you want lucrative government contracts, you have to implement it. I think it is overwhelmingly driven by government. Didn't find enough racism so they needed to create it.

[knewter]

Are you actually unaware of the Environmental and Social Governance (ESG) programs?

Many institutional investors - the largest ones - have announced their funding is dependent on ESG scores. I'm fascinated that people on this site can be unaware of this.