A total of 54 member companies of the Inclusive Business Network of Chile, a network hosted by the Federation of Chilean Industry (SOFOFA), participated in the Labour Inclusion Assessment for Businesses, a tool which analyses five inclusion areas within the corporate culture of a business. The most striking result was that inclusive corporate governance had increased by 15% compared to 2021.
On March 30, the Inclusive Business Network of Chile held its General Assembly. Representatives of over 80 member companies gathered for this meeting, where the outcomes of the latest Labour Inclusion Assessment for Businesses were shared. This survey assesses the measurable components of inclusion management within the members of the network.
The Labour Inclusion Assessment for Businesses analyses five areas: corporate governance, training and communications, wellbeing and benefits, sustainability, marketing and procurement, and recruitment and talent selection. The latest assessment saw an increase in four out of those five metrics, the most noteworthy being corporate governance. The average compliance in inclusive corporate governance went from 66% in 2021 to 76% in 2023, a metric which assesses the policies and standards within a business. It measures, for example, having a policy statement on diversity and inclusion signed and endorsed by the leadership of the business, which was the case for 88% of the respondents. It also measures if the business has a labour inclusion manager with a ChileValora certification within their human resources team, which was the case for 68% of the respondents, although many businesses are still waiting for the certification to be formally granted.
In training and communications, the assessment indicated that 86% of the respondent businesses offer diversity trainings for their employees at least once a year. In wellbeing and benefits, the assessment showed that 73% of the businesses try to adapt their working environment, by offering transport vouchers and an adapted work schedule for people with disabilities.
The Inclusive Business Network of Chile also acknowledged the 10 businesses with the best results in the assessment: Parque del Recuerdo, Coca-Cola Andina, SMU S. A., Scotiabank Chile, Walmart Chile, Nestlé Chile S. A., Caja de Compensación Los Andes, Accenture Chile, Banchile Inversiones and Empresas SB.