19 April, 2021

State Street Global Advisors CEO calls for improved diversity reporting

While Cyrus Taraporevala is optimistic about progress on reporting, he revealed concerns about a lack of clear diversity policies and goals.

Image: Angelina Bambina/Shutterstock

There is “striking lack” of publicly available information when it comes to racial and ethnic diversity inside companies, according to the head of one of the world’s largest investment managers. Cyrus Taraporevala, president and chief executive of State Street Global Advisors (SSGA), made his observation in a recent webcast for Harvard Law School’s programme on corporate governance. While his speech rang with optimism about progress so far, he also delivered some candid insights about what his staff are finding—and some concerns. That will come as good news for many but also cause for reflection elsewhere. Taraporevala’s spe

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corporate reporting, Cyrus Taraporevala, diversity & inclusion, ethnic diversity, investors, non-financial disclosures, State Street Global Advisors