Report finds business case for good EDI practices ‘compelling and undeniable’

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Better equality, diversity and inclusion (EDI) practices can help businesses to recruit engineers, retain and progress talent, and encourage more innovative engineering solutions, the Royal Academy of Engineering has found.

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The EDI engine: Evidencing the business benefits of equality, diversity and inclusion (EDI) in engineering report, produced in partnership with Dalberg Advisors, has been published today by the RAEng.

The report uses data and real-world examples to show how prioritising EDI as a strategic imperative can drive business success in the engineering field.

From attracting top talent and enhancing innovation to reaching broader markets and mitigating risks, the RAEng has found that embracing diversity and inclusion helps to drive sustainable growth and competitiveness in the industry.

Businesses that advance EDI can also open up more access to funding, contracts and partnerships, while mitigating legal and reputational risk, the report states.

Indeed, in addition to a long-standing engineering skills shortage in the UK, the latest figures for 2023 show that the proportion of women working in engineering and technology roles has fallen from 16.5 per cent to 15.7 per cent. The RAEng said that this indicates that the industry is not achieving its full economic and social contribution in the UK.

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