Utility Business TREND. BLM. AntiRacism.

The Utility: FirstEnergy in Ohio

What actions did the CEO take to support diversity & inclusion? linked 10% of annual bonuses for himself and other top executives to diversity goals

Has it worked? Yes. In 2018 it didn’t pay out the diversity bonuses because it failed to meet diversity goals.

What is included in the diversity metrics?

• hiring women
• hiring people from underrepresented ethnic groups for professional jobs
• including underrepresented (women, Black, people from underrepresented ethnic groups) in succession plans
• how employees respond to questions about diversity in a company survey

Is this unique? In an old school industry like utilities, yes. However, it is often seen in tech companies.

New York Times via Baltimore Sun | Want more diversity? Some experts say reward CEOs for it