Capital One and DiversityInc shared the results of their collaborative research report on women of color in the workplace at the 2022 annual Women of Color and Their Allies event held in Louisville on Sept. 21 in conjunction with Humana. Dr. Chris Parker, Head of Research & Data, DiversityInc, confirmed that even best-in-class companies have work to do regarding the representation of women of color in the workplace.
While Capital One saw an increase in executive representation of women of color, the company remains focused on zeroing in on the power of sponsorship, leveraging its success with employee resource groups and focusing on retention initiatives.
“We have been on a journey and we do have programs where we have seen the evidence that women of color are advancing,” said Theresita Richard, Managing Vice President, Head of Diversity Inclusion and Belonging, Capital One Financial. “What we see within that we want to be able to sustain. We want to be able to identify the areas where we have work to do and where we have progress yet to be made.”
Watch a clip of the session here and subscribe to DiversityInc Best Practices to watch the full video!