Apex Group and Diversio have partnered to enable clients to seamlessly collect diversity and inclusion data from their firm and portfolio companies.
Diversio’s AI technology enables companies to measure, track and improve diversity, equity, and inclusion (DEI) data. In addition to DEI insights and benchmarking data, the platform provides tailored recommendations and training solutions. It is GDPR-compliant, fully secure, and supports cross-border data collection.
The Solution helps with the ethical collection and analysis of DEI data and provides actionable insights, including detailed analysis of gender, race, ethnicity, and other key DEI areas. These are fully integrated alongside wider ESG reporting for customers, investors and regulators.
The partnership enables investment managers to access portfolio-level DEI data, related risks and areas for improvement. It also delivers a competitive advantage for managers in an era where DEI has become critical for capital allocation and long-term success.
Joshua Brunert, Global Head of ESG Product, Apex Group, comments: “Our DEI solution is designed to deliver actionable insights, enabling the formulation of strategies to drive real-world impact and positive change.
“Apex Group’s partnership with Diversio will remove pain points surrounding the collection of DEI data from employees, ensuring that the correct, accurate information is extracted and evaluated in the most efficient and robust manner.
“Diversio’s technology offers a fantastic approach to data collection and analysis for our clients so that companies and their investors will be able to understand, report and improve their DEI data from employees up.”
Laura McGee, CEO at Diversio, further comments: “Institutional investors and LPs are stepping up requests for portfolio- and firm-level DEI data, recognising that diversity and inclusion directly impact fund performance. At the same time, DEI data is highly sensitive and subject to myriad legal and cultural considerations.
“Diversio’s unique ability to collect data from portfolio company employees at scale helps investors to provide value to their portfolios while supporting reporting frameworks such as ILPA’s due diligence questionnaire and Financial Conduct Authority guidelines.”