Diversity, equity, and inclusivity (DEI) in an organization help bring unique perspectives and ideas to create more innovative, productive, and resilient enterprises. It also contributes to equality of opportunity and treatment in the workplace at all stages of the employment relationship, including recruitment, retention, promotion, remuneration, and access to training and skills development.
The gender gap in organizations has narrowed over the past three decades, giving easier labour mobility worldwide. There has also been increasing global awareness regarding the right to a dignified and respectful workplace irrespective of the sexual orientation and ethnicity of the employees, which promotes an open and inclusive workplace. However, labour market disruption due to the COVID-19 has had devastating consequences globally. According to International Labour Organization (ILO), women’s employment declined by 5% globally in 2020 compared with around 4% for men.
DEI is critical to the business performance of the consumer sector, which encompasses retailers and consumer-packaged goods manufacturers, since consumers want to buy goods that reflect their values, wants, and needs. Consumers are expecting more from brands than ever before, and retailers must honor DEI. Understanding the brand, setting DEI commitments from the top, delivering on the commitments, recruiting from diverse pools, and creating a supportive environment can all contribute to DEI.
Campbell Soup Co (Campbell) produces and sells convenience food and beverage products. The company's product portfolio includes soups, broths, stock products, cookies, crackers, biscuits, baked products, sauces, refrigerated, and salad dressings, dips, and snacks. Campbell markets products under several brands, including Pepperidge Farm, Campbell’s, Spaghettios, Chunky, Late July, Kettle, Swanson, Emerald, Pop Secret, Cape Cod, V8, Snyder's-Lance, Snyder’s of Hanover, Pace, Prego, and GoldFish.
In 2021, the company reported 40% women participation in the workforce, a decrease of 1 percentage point over 2020. The representation of women in management decreased to 41% by 1 percentage point over FY2020.
In 2021, the representation of Asian employees of Campbell in the US workforce was 4.8%, an increase of 0.2 percentage points over 2020. Black or African American and Hispanic or Latino employees represented 19.4% and 14.6% of the US workforce, respectively.
18.3% of Asians and 3.1% of African Americans were in management positions in the US workforce in 2021.
Campbell is increasing its Inclusion and Diversity (I&D) learning opportunities and standardizing key processes throughout the company. In 2021, 96% of its people managers completed I&D training. The Campbell Soup Foundation worked with the leaders of the company’s Black Resource Group and Inclusion and Diversity team to identify nonprofits making a significant impact for the Black community.
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