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Fortune
Fortune
Paolo Confino, Amber Burton

Diversity pledges have yielded little change in management roles

A man with glasses sits across a table from a woman as he explains something to her. (Credit: Hoptocopter/Getty Images)

Hello everyone! Paolo here.

America’s 2020 racial reckoning ushered in a barrage of diversity pledges from corporations large and small. In the three-year aftermath, a new study from researchers at Columbia Business School and the London Business School suggests that many of these firms engaged in “diversity washing.” It's making bold, public proclamations about diversity but failing to implement them in their hiring practices, yielding few tangible results.  

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