Big business: Companies profit from racial diversity

Author: Alison Maitland, Financial Times, Published on: 20 November 2003

Patricia Hewitt, the UK trade and industry secretary, last month wrote to 500 corporate leaders urging them to take racial equality seriously for the sake of their businesses...Too few companies had yet grasped the business case, she said...only 18 FTSE 100 companies tracked their progress this year on ethnic minority customers, staff and suppliers. Yet some businesses are leading the way, particularly in the retail and financial sectors. Deutsche Bank was listed in this year's RfO [the business-led Race for Opportunity charity] report as one of the business members that had done most to improve. [refers also to Lloyds TSB, B&Q, Co-operative Society (part of United Co-op)]

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Related companies: B&Q (part of Kingfisher) Deutsche Bank Kingfisher Lloyds