2021 Transformation Report: Moving to Equity - Flipbook - Page 34
How We Hold Ourselves
Accountable
For each of the commitment areas highlighted
in this report, we have
developed Moving to
Equity metrics and key
performance indicators
(KPIs) to track our progress, highlight key results
and ultimately hold
ourselves accountable.
We are also implementing internal controls and
governance processes
to ensure the data we
report as part of these
metrics and KPIs is complete and accurate.
We will work to make sure
our Moving to Equity work
is not a one-off event
but ingrained across our
enterprise and an enduring
reflection of Our Values.
To do this, we must have
accurate data to objectively
measure our progress in the
five pillars we prioritized for
our racial equity work.
Some of the key
accomplishments in
how we hold ourselves
accountable include:
1
Established formal metrics/key performance
indicators in each commitment area to formally track
and measure progress. Some
of the metrics are included
in this report.
2
Collected and analyzed
industry benchmarking
information to identify
additional metrics/ KPIs
to consider now or in the
future as well as assist us in
establishing metric benchmarks to measure against as
applicable. We will continue
to do this in this process.
3
Implementing data
process enhancements
for select metrics to ensure
the best data possible is
collected.
4
Establishing other
mechanisms to monitor our progress like the
annual review of pay equity.
5
Created a road map
to provide data across
additional metrics and KPIs
in 2022.
While progress has been
made, we still have work
to be done in 2022.
» While we have established formal metrics/key
performance indicators in
each commitment area, we
will continue to analyze
them to ensure they are
the right metrics/key
performance indicators to
measure ourselves and track
our progress.
» Continue to establish
thoughtful benchmarks to
our key identified metrics
and key performance indicators so we can accurately
report how we are progressing against the benchmark.
These benchmarks are
based on external industry
analysis as well as internal
objectives.
» For each key metrics and
key performance indicator,
we are documenting the
data collection process and
establishing internal controls to ensure these metrics
and key performance
indicators are complete
and accurate.
» Establish Moving to
Equity goals into employee
performance plans utilizing
some of the benchmarks
from the key metrics and
key performance indicators.
Moving forward, we will
share more information as
we implement additional
data process enhancements.
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Transformation Report
