For the fourth consecutive year, Denominator, represented by CEO Anders Rodenberg and Kristian Wredstroem, participated in Climate Week NYC 2024. As the top provider of diversity data and insights, Denominator was invited to various events and discussions, such as: Equality Lounge by FQ and Deloitte, Sustainable Investment Forum, Sustainable IT Gala Dinner, Sustainability Summit NYC reception and the CSO Awards North America /24.
These events highlighted the growing societal and generational expectations for companies’ sustainability performance, emphasizing the importance of both social and environmental progress in achieving true sustainability, with people playing a vital role in driving that change.
Despite a tight program, our CEO took time out of schedule to meet with the next generation, as a class from Skive College in Denmark visited New York to learn more about business and career journeys.
Some Key Takeaways from NYC Climate Week 2024:
- AI’s potential to drive financial inclusion and growth was emphasized at Impact Data Summit with leaders reiterating the importance of high-quality, unbiased data. As Jon Huntsman, Vice Chairman at Mastercard, pointed out, “Data is key for AI, and we like to use it for good.”
- At WSJ Journal House, discussions centered on aligning wealth management with global ESG goals, with a $70 trillion wealth transfer in focus. Growing interest in personalized, values-based investing among younger generations, women and minority groups such as Hispanics, Blacks, LGBTQ+ signals that the focus on integrating social considerations in portfolios will only intensify.
- The discussion at the Equality Lounge, recognized the vital link between social progress and environmental sustainability. Additionally, the SDG Investment Forum focused on empowering women through finance, recognizing it as both an ethical and economic imperative.
- The integration of gender equality into leadership and supply chain practices is emerging as a vital strategy for promoting diversity. L’Oréal, for example, highlighted its goal of aiming for 60% of managerial positions to be held by women, building on the 50% representation already achieved at the board level. Similarly, Grupo Herdez has incorporated gender criteria into its supply chain financing terms, further embedding inclusivity into its operations.
Discussions around AI, sustainable finance, and diversity demonstrated that data quality and transparency are fundamental in driving both financial inclusion and customized financial products. As businesses increasingly integrated social sustainability goals, Denominator remains at the forefront, providing the needed social data and insights to shape a more sustainable and inclusive future.
Did you know that Denominator’s database covers more than 4.5 million public and private companies on social data across diversity, human rights, labor right, health and safety?
Learn more about our solutions and how they can empower decision-making and drive business strategy at www.denominator.com