Omnicom Group Publishes Inaugural DE&I Report

Rhea-AI Summary

Omnicom Group (NYSE: OMC) has published its inaugural diversity, equity, and inclusion (DE&I) report, titled Responsibly Relentless: Equity for All, highlighting key initiatives and U.S. diversity metrics from 2021. The report reveals that 40% of new hires were from diverse backgrounds and that 20% of Executive and Senior Level Managers are now from these demographics, a 25% increase since 2018. Women occupy 49% of these roles. The report sets clear performance indicators to track progress and underscores Omnicom's commitment to systemic equity through its OPEN 2.0 action plan.

Positive

• 40% of new hires in the U.S. in 2021 were from diverse backgrounds.
• 20% of Executive or Senior Level Managers in the U.S. are from diverse backgrounds, a 25% increase since 2018.
• Women represent 49% of Executive or Senior Level Manager roles in the U.S.
• Establishes clear performance indicators for tracking DE&I progress.

Negative

• None.

Affirms Relentless Commitment to Equity for All

NEW YORK, June 22, 2022 /PRNewswire/ -- Omnicom Group (NYSE: OMC) released its first stand-alone diversity, equity and inclusion (DE&I) report. The report, "Responsibly Relentless: Equity for All," outlines the company's key areas of focus for DE&I and includes 2021 U.S. diversity metrics, key performance indicators (KPIs) and our strategic framework to ensure DE&I permeates all business operations, employee and client experiences, and partnerships.

"While we have been focused on DE&I for over a decade, this inaugural report marks a new chapter in our public commitment and accountability for our global DE&I work," said John Wren, Chairman and Chief Executive Officer. "As a global Fortune 200 company with 70,000+ employees, we know we can lead with our actions and make an impact through our work."

Among Omnicom's 2021 achievements: almost 40% of all new hires in the U.S. in 2021 were Black, Indigenous, LatinX or Asian American. At the end of 2021, 20% of Omnicom's Executive or Senior Level Managers in the U.S. were Black, Indigenous, LatinX or Asian American, a 25% increase since 2018. Women now represent 49% of Executive or Senior Level Manager roles in the U.S.

"Our goals are big because the culture of accountability we have created continues to push us to iterate, evolve and never be satisfied," said Emily K. Graham, Chief Equity and Impact Officer, SVP, D&I Communications at Omnicom Group. "The work must continue."

The inaugural DE&I report details Omnicom's activities from 2021 and reports progress against the company's established five key performance indicators (KPIs) in the areas of hiring, promotion/career advancement, retention, training and employee resource group (ERG) participation. These KPIs measure our progress against Omnicom's OPEN 2.0 action plan which we launched in 2020 to achieve systemic equity for every employee worldwide. Since the launch of OPEN 2.0, Omnicom has seen a transformation in its business, engagement from its employees, and award-winning campaigns for clients and pro bono causes that put DE&I at the center.

In addition to companywide initiatives, the report and its accompanying video highlight efforts by our individual agencies and their unique contributions to DE&I goals in their local communities. The DE&I report, Equity for All, will be followed by Omnicom's annual Corporate Responsibility (CR) report, "Responsibly Relentless: Progress at Scale," later in 2022.

View the full diversity, equity and inclusion report or visit https://csr.omnicomgroup.com/dei/ for more information on Omnicom's DE&I commitments.

About Omnicom Group Inc.
Omnicom Group (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 70 countries.

 

View original content:https://www.prnewswire.com/news-releases/omnicom-group-publishes-inaugural-dei-report-301573420.html

SOURCE Omnicom Group Inc.

FAQ

What are the key findings of Omnicom Group's DE&I report?

Omnicom Group's DE&I report highlights that 40% of new hires in 2021 were from diverse backgrounds and that 20% of Executive Managers are from these demographics, marking a 25% increase since 2018.

How has Omnicom improved its diversity in hiring?

In 2021, 40% of all new hires in the U.S. at Omnicom Group were Black, Indigenous, LatinX, or Asian American.

What percentage of Omnicom's Executive Managers are women?

Women now hold 49% of Executive or Senior Level Manager roles at Omnicom Group in the U.S.

What is the OPEN 2.0 action plan at Omnicom?

The OPEN 2.0 action plan launched in 2020 aims to achieve systemic equity for every employee worldwide through measurable key performance indicators.