Proactively address supplier diversity.
CRA has taken two actions on this front.
The first action was to alert our current suppliers to our Board of Directors action to adopt a new Values Statement and Action plan. We have begun a program of outreach and dialogue with our suppliers that includes our suppliers self-reporting the actions they take to advance societal values on an annual basis. Already, this information sharing has taught us ideas from our suppliers that we will likely adopt in the future. The actions of our suppliers will be regularly reported to the Board of Directors and included in our Annual Report. Diversity and Inclusion has been added to our evaluation criteria for all future vendor relationships.
Our second action has been to reach out to the investment industry. Our investment advisor surveyed the fund managers who each manage portions of CRA’s reserves. Those fund managers were surveyed as to their participation in Principles for Responsible Investment, an investor initiative in partnership with UNEP Finance Initiative and UN Global Compact. We also asked the fund managers for information regarding their employment of women and minorities and information on women and minority ownership of their companies. We will use this survey data to inform future investment actions and to facilitate future conversations with the investment industry to increase DNI.
This pledge is our public declaration that we will be an agent of change. Our staff and leadership want action. I want action. We’re committed to bringing additional diversity and inclusion to agriculture. We aspire to play an important role in making that happen.