Investing in diversity, equity and inclusion is not just the right thing to do, it’s right for business: There are severe economic costs associated with not addressing systemic and seemingly intractable inequities.

For example, the United States would have experienced a cumulative economic impact of $70 trillion by 2019 if businesses and communities had begun harnessing the power of DE&I in 1990, according to findings published in the Bank of America Global Research report Everybody Counts! Diversity & Inclusion Primer. The country also would have generated $2.6 trillion more in economic output in 2019 alone if gender and race gaps had been closed.

Click here to read the full article.