State of Data-Driven DEI: 2023 Trends and 2024 Opportunities

This technical report analyzes the current state of data-driven diversity, equity, and inclusion (DEI) efforts in organizations, focusing on trends observed in 2023 and opportunities for 2024. It outlines the challenges faced by DEI initiatives, including economic uncertainty and political opposition, which have contributed to a slowdown in momentum for DEI programs. The report presents data from over 500 companies and highlights key changes in DEI leadership, budget allocation, and strategic planning from 2022 to 2023. Notably, it documents a slight increase in organizations tracking race and gender representation, while also noting a decline in overall DEI budgets and strategies. The report emphasizes the importance of using data to inform DEI efforts and provides recommendations for organizations to adapt their strategies in response to the evolving landscape. It stresses the need for explicit goal-setting and accountability to ensure continued progress in DEI initiatives moving forward.