Diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation by enabling talent to take organizations to new heights. Organizations that embrace DEI are on the cutting edge of competitiveness by putting their people first. We strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all as a key element of business success. In 2021 we launched the “Salute to Diversity” Honors to recognize and honor leadership in diversity, equity and inclusion (DEI) in the transportation and logistics industry. The purpose is to acknowledge good faith efforts across the industry, irrespective of where organizations are on their journeys, whether they are taking first steps or have developed a well-entrenched program.
For TPM23 we will continue the DEI honors. Nominations are open to all companies and organizations throughout the supply chain, regardless of size or location. To build on the great momentum 2021 and ensure a range of organizations are recognized, we’ve created multiple categories. Nominations will be open during October and November, 2022 and the honorees will be announced at TPM23 (February 26 – March 1 in Long Beach). For more information on the TPM23 DEI honors including how to submit a nomination and the judging process, please email firstname.lastname@example.org.
Organizations are coming to recognize the ethical and business rationales behind DEI. Building a work culture that embraces individuals for their talent and potential irrespective of race, gender, age, sexual orientation, gender, and other personal attributes strengthens organizations and enhances their agility and competitiveness relative to their peers. A commitment to DEI allows companies to attract, retain and nurture talent and to build a highly effective team. Decision-making improves when everyone contributes. Those who contribute feel they are included; those who feel included have a vested interest in successful business outcomes; and successful outcomes ultimately drive competitiveness, growth, and profitability.
What is diversity?
Incorporating diversity into business practice means understanding that every person is uniquely valuable, respecting this uniqueness, and addressing blind spots and 'status quo' business practices that deny people, entities, and businesses opportunities to benefit from diversity. Unique personal attributes may be along the dimensions of race, ethnicity, gender, sexual orientation, socio-economic status, age, physical abilities, culture, religious beliefs, political beliefs, or other ideologies.
What is equity?
Equity means ensuring fair treatment, access, opportunity, and advancement for all people within your organization. It also means striving to identify and eliminate barriers and biases that prevent the full participation of some groups. Equity increases justice and fairness within the procedures and processes of institutions or systems, as well as in the distribution of resources.
What is inclusion?
Inclusion is the act of creating environments in which any individual or group can feel welcomed, respected, supported, and valued as a full participant. An inclusive and welcoming climate embraces differences, creates an atmosphere of psychological safety, and offers respect for all through words and actions. It enables all to contribute to the enterprise. While an inclusive group is by definition diverse, a diverse group is not always inclusive. Organizations that work to recognize their own inherent, unconscious, or implicit biases are deliberate about addressing issues of inclusivity.
S&P Global commitment to diversity, equity and inclusion
Diversity, equity, and inclusion are critical to the success of S&P Global, the parent company of the Journal of Commerce, the organizer of TPM. We believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation to power the markets of the future. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work – but it doesn’t stop there. We strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.