NEPC was featured in a recent FIN News article which covered the launch of our new DEI Rating System which was announced in our 2022 DEI Progress – Part 1. View the article on FIN News’ site here.
Investment consultant NEPC will release a new Diversity, Equity and Inclusion rating system for investment managers, the firm announced today.
The new system comes “in response to demand from our institutional clients, who have continued to press us for insight into how investment managers think about – and act upon their diversity goals,” the firm said in its third annual DEI Progress Report issued today.
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“From the outset, our goal has been to help lead change in the investment industry by emphasizing the value of transparency and metric-driven policy when it comes to DEI. To do that, we’ve remained committed to learning, growing, and thinking about diversity as an identifier of opportunity and risk, not only within our walls but externally as well, and as a differentiator to better serve our clients,” said Will Forde, a partner at NEPC and co-chair of the firm’s diverse manager committee, in a statement. “With well over half of our clients using Diverse Managers, we recognize the progress that we’ve made when thinking about engagement with diverse-owned and -led firms, but recognize the work that needs to be done in order to maintain and improve upon those efforts.”