The Valuable 500 Reaches Milestone with 500 Organizations Committing to Disability Inclusion
Global business collective The Valuable 500 has announced that it has achieved its goal of 500 international organizations committing to disability inclusion on their board agenda. This milestone makes The Valuable 500 the world's largest CEO collective for disability inclusion. The campaign has gained support from prominent businesses, including Allianz, Apple, BBC, BP, and Unilever, among others, accounting for 36 of the FTSE 100 companies, 46 of the Fortune 500, and 28 of the Nikkei. The collective has a combined revenue of over $8 trillion and employs over 20 million people across 36 countries.
Key Takeaways:
- The Valuable 500 has reached its goal of 500 organizations committing to disability inclusion, with a combined revenue of over $8 trillion and employing over 20 million people.
- The campaign has a strong presence in India, with 19 of the 500 companies headquartered in India, and has set a precedent for the global business system to transform and become more inclusive.
- Despite the progress made, research reveals that there are no executives or senior managers with disclosed disabilities in company reporting by the FTSE 100 companies, with only 3.2% of employees with disabilities among FTSE 100 companies compared to 18% of the wider population.
- The campaign has launched phase 2, which aims to drive progress for disability inclusion in business, with 13 iconic leaders across The Valuable 500 co-funding, co-building, and co-testing the programs and solutions.
- The phase 2 initiatives include an internal census playbook, a jobs portal made by people with disabilities, a brand audit, and a global research panel of 5,000 people with disabilities.
Statistics:
- The Valuable 500 has a combined revenue of over $8 trillion.
- The collective employs over 20 million people across 36 countries.
- 70% of its members have a turnover of over $1 billion.
- 52% of its members employ more than 10,000 people.
- There are no executives or senior managers with disclosed disabilities in company reporting by the FTSE 100 companies.
- Only 3.2% of employees with disabilities among FTSE 100 companies compared to 18% of the wider population.
- Almost one in three companies (29%) are failing to meet website accessibility standards.
- The disposable income of persons with disabilities and their friends and family stands at $13 trillion.
Sources:
- The Valuable 500
- Tortoise Media
- World Economic Forum
- FTSE 100
- Fortune 500
- Nikkei