Amazon Releases Workforce Demographic Data Following Push by Comptroller Stringer and NYC Funds
Amazon has publicly released the company’s EEO-101 workforce demographic data for 2019 and 2020 following a concerted push by New York City Comptroller Scott M. Stringer and three New York City Retirement Systems. The Consolidated EEO-1 Report is the “gold standard” for diversity disclosure and will enable investors to evaluate the performance of portfolio companies in terms of their ability to hire, retain, and promote employees of color and women. Amazon last released its EEO-1 report in 2016.
“This information is critical for transparency and shareholders,” said Comptroller Stringer. “Amazon’s public disclosure of its workforce demographic data will help investors better understand the company’s labor practices, identify areas for improvement, and benchmark diversity performance. The release of this data brings us another step closer to ensuring companies’ commitment to equity and diversity, but we have more to do. We will continue to hold corporate America accountable and set the tone for EEO-1 disclosure across U.S. public companies.”
As of July 31, 2021, the New York City Pension Funds’ have $2.38 billion invested in Amazon.