In recent years, more and more organizations have added the word “equity” to describe fairness and equality in everything from representation to promotions to pay. Equity ensures everyone has access to the same opportunities.
While diversity is an outcome in terms of numbers of people from under-represented groups and inclusion often assesses how welcoming a culture can be, equity refers to the processes in place to ensure everyone has full opportunity.
This report explains the difference between equity and equality and offers corporate equity success stories.