Diversity, equity, inclusion (DEI), belonging, and employee well-being are at the top of the agenda for forward-thinking, modern enterprises. And all of these things are inextricably linked: Employee well-being and a sense of belonging begins with an inclusive workplace where everyone is empowered to bring their whole selves to work, regardless of their age, race, ethnicity, veteran status, sexuality, or gender identity.

Fostering a diverse and inclusive culture is more than just the right thing to do. It can drive measurable business impact. Below, we take a look at some statistics that demonstrate where the business world is with regard to DEI, as well as the impact that a diversity, equity, and inclusion strategy can have on workforces and business results.

1. DEI helps engage employees – and increases productivity and retention rates. (Source: Deloitte)

2. Employees want to work for organizations that prioritize diversity. More than 75% of job applicants say that a diverse workforce is an important factor when deciding where to work. (Source: Glassdoor)

3. More than half (62%) of workers say that they consider DEI to be an important factor in their company’s ability to drive success. (Source: Momentive)

4. Companies that have diverse and inclusive workforces are 35% more likely to outperform their competitors. (Source: McKinsey)

5. Diverse leadership teams deliver 19% higher revenue. (Source: BCG)

6. An overwhelming 89% of people want their company to be inclusive of individuals with intellectual disabilities. (Source: Clear Company)

7. Diversity in thought (cognitive diversity) can enhance team innovation by up to 20%. (Source: Deloitte)

8. Organizations with above-average gender diversity outperform their peers by 46% to 58%. (Source: Bonusly)

9. An age-diverse workforce brings business benefits, and 83% of global executives recognize that multigenerational teams perform better, lead to greater worker satisfaction, and produce greater revenue for companies. (Source: AARP)

10. The good news is most employers (94%) and workers (74%) say that their organization has made a commitment to advancing DEI in the workplace. (Source: Just Capital)