Percent Ownership by Historically Marginalized Groups (OI7194)

This metric is intended to capture the percentage of company shares that are owned by individuals from groups historically marginalized due to race and/or ethnicity.

Where regional or local laws apply for calculating ownership by historically marginalized groups, reporting should be consistent with these laws. Where such laws do not exist, shares that are publicly traded or owned by institutions cannot contribute to the number of shares owned by historically marginalized groups.

The categorization of groups historically marginalized due to race and/or ethnicity varies with location and context. With no internationally agreed-upon definition as to which groups constitute minorities, if well-established local policies exist (as in South Africa, with the Broad Based Black Economic Empowerment [BBBEE] definition of historically marginalized, or in India, based on backward caste), organizations should refer to these local guidelines to identify groups historically marginalized due to race and/or ethnicity. Otherwise, and wherever appropriate, organizations should provide additional detail regarding their tailored methodology for defining these groups.