The importance of Inclusion and Diversity (I&D) for businesses has evolved significantly in the wake of social movements. While #MeToo has swept across much of the globe, Latin America's 'Ni Una Menos' spotlights femicide and violence against women. The advancing conversation around I&D globally is giving rise to new and strengthened regulation while bringing about increased scrutiny of organizational culture by shareholders and stakeholders.
However, as we found in the second installment of our Mind the Gap report, organizations across the globe are making slow progress to address I&D goals. Our research of 900 employment leaders confirms that many organizations are less far along the path than they hoped; continuing to work on long-held priorities such as raising awareness of I&D, recruitment and retention of diverse talent and increasing the diversity of senior management (which in many organizations remains predominantly white and male).
In this report, we take a closer look at Latin America's I&D landscape through the eyes of our local experts. While legal frameworks aimed at addressing inequality in the workplace have been slow to evolve, organizations in LATAM are getting ahead of lawmakers, implementing more evolved I&D strategies as they seek to respond to stakeholder and shareholder demand and to attract the next generation of workers. In turn, governments in LATAM are responding to the need to update their frameworks and combat inequality with more specific measures such as hiring quotas and other provisions to support underrepresented groups.
To help employers stay ahead, this report, which we have drafted in English Spanish and Portuguese, sets out an overview of I&D trends and challenges in the region, including the top regulatory developments and trends across seven jurisdictions.
Please find the complete report in English, Spanish and Portuguese.
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Trench Rossi Watanabe and Baker McKenzie have executed a strategic cooperation agreement for consulting on foreign law.
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