Fair HQ is excited to propose a Diversity Data collection pilot for EQT group’s selected portfolio companies.
This pilot will allow each portfolio company to quickly and compliantly collect diversity data through the self-ID of people holding positions on their Boards and C-suites. It will also provide the EQT group with an overview of aggregated data enriched by relevant benchmarks.
The goal is to set each company up for success and level their data maturity so they can start working towards EQT’s DEI Ambitions.
<aside> 📌 HOW FAIR HQ MAKES DEI DATA COLLECTION COMPLIANT
Fair HQ, as a third party, can compliantly collect sensitive information such as ethnicity from PortCo employees as we’re not their employer. This allows us to collect such info even in any European countries where employers are not allowed to collect such info.
We’re GDPR compliant, ICO certified and we have an expert UK & EU DPO to ensure we’re using the best practices when building our technology, storing and treating your company and your employees’ data. We’re inline with even the strictest local laws worldwide.
Reduce your risk and avoid the complex legal hustle:
<aside> 🦺 In GDPR terms we’re the data controller for the employee survey data - not just a sub-processor - so your employees are always the ones in charge of their sensitive personal data.
That’s a big part of why our surveys average 87% participation, often 100% at the leadership; employees know they can trust us.
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| Portfolio Company Outcomes |
|---|
| DATA: Complete secure & compliant demographic data collection from the leadership team in minutes. |
| INSIGHTS: Aggregated and anonymized leadership Diversity Reports |
| BENCHMARK: Leadership diversity compared against relevant peers, industry & location |
| REPORT: Seamless and compliant reporting back to EQT Group without any additional effort |
| CONFIDENCE: DEI can be a daunting topic, and our DEI experts will support companies at every step, helping them feel more confident to lead on DEI internally beyond data collection. |
| PORTFOLIO DEI COMMUNITY: Change happens in clusters; being part of a larger peer-to-peer group increases accountability and drivers results faster |
| (optional) EQT BRAND: Group branded onboarding aligned with EQT DEI Ambitions, making pilot companies feel they are part of something bigger than themselves, which drives accountability and higher completion rates faster |
| (optional, paid by portco) DEVELOP DEI STRATEGY: Each company can also choose to conduct a deeper DEI maturity audit and develop their DEI strategy with our guidance. |
| EQT Group Outcomes |
|---|
| KEY OUTCOME: Prove of concept & case study for a scaleable and affordable diversity data collection. |
| DATA: Quickly & compliantly obtain accurate leadership diversity data in EQT’s key categories (gender, cultural background and socio-economic origin) from each portfolio company, incl. companies that have their own data collection sorted already outside of Fair HQ |
| INSIGHTS: Personalized, aggregated and anonymized Leadership Diversity PDF report |
| BENCHMARK: Compare leadership diversity data of each portfolio against relevant peers, industry & location |
| REPORT: Seamlessly report Diversity data back to LPs & produce ESG/Sustainability report |