Client Organizations Led: Total (PI5576)

This metric, used in combination with Target Stakeholder Demographic (PD5752), is intended to capture the number of client organizations that are led by persons of specific groups. For example, this metric can support calculations of the percentage of a portfolio invested in companies led by women or by individuals from groups historically marginalized due to race and/or ethnicity.

Leader(s) counted must retain an active role in the organization as of the end of the reporting period. An active role may include acting in an advisory capacity for key decisions and does not necessarily require a full-time role at the organization.

Typically, this metric refers to the CEO of the company. If the company is led by multiple people, at least 51% of the leaders must be from the specified group in order to be considered "led" by that group.

Organizations focusing this metric on groups historically marginalized due to race and/or ethnicity must define that group according to context. For example, in the United States, organizations might focus on Black, Indigenous, and People of Color (BIPOC). In South Africa, organizations might focus on Black African, Coloured, and Indian or Asian Individuals. In all contexts, when defining these groups, organizations must consider local history and context.

These data can often be collected from the human resources department, though for accuracy organizations should ensure that data on racial and ethnic background are self-reported.

Used along with Target Stakeholder Demographic (PD5752) to specify historically marginalized groups due to race and/or ethnicity, this metric aligns with the Corporate Racial Equity Alliance’s (https://corporateracialequityalliance.org/) Investor Blueprint for Racial Equity and its corporate-focused CEO Blueprint for Racial Equity (https://corporateracialequityalliance.org/2021-blueprint).