2024 Sector DEI Insights Report

Finance, Consulting, Law, and Tech

As we close out the year, Windō is publishing its final report, analyzing DEI reporting across 100 companies in four key industries: Finance, Consulting, Law, and Tech.
Overall Observations Across Industries:
Improved Transparency

DEI reporting continues to rise, with a 7% year-on-year increase across 9 DEI metrics. Notably, Disability workforce representation saw a significant 14% increase, while ethnicity pay gap reporting lagged with just a 3% increase.

Black Representation Challenges

Improving Black workforce representation remains a widespread challenge. Year on Year averages declined in Finance, Law, and Tech and remained flat in Consulting.

Progress for Women

Encouragingly, both women in senior leadership and gender pay gap averages improved across all four industries.

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Finance

Socio-Economic Background Reporting

Finance lags behind Law and Consulting, with only Barclays and BlackRock currently reporting. HSBC has indicated plans to report in 2025.

Ethnicity Pay Gap

Only 11% of Finance companies report on this metric, compared to 42% in Consulting and 82% in Law. Standard Chartered was the latest to begin reporting in 2024.

Disability Representation

Finance leads the way with an average of 6%, outperforming Consulting (5.7%), Tech (4.1%), and Law (3.8%).

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Consulting

Black Representation

Consulting is the most transparent sector, with 63% of firms reporting this metric. Accenture leads the industry with 11.2% of its U.S. workforce from Black heritage.

Female Partners

Deloitte, EY, and PwC have all increased their female partners by 13–14% over the past three years.

Socio-Economic Reporting

Reporting is on the rise. Pioneers KPMG and PwC have been joined by EY and Deloitte, who started reporting in 2024.

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Law

Black Representation

Law trails behind with an average of 3.3%, compared to Finance, Consulting, and Tech, all exceeding 7%.

Transparency Leaders

Law firms lead the way in reporting on LGBTQ+ and Disability representation, with 71% of firms disclosing data for both metrics.

Female Partners

Freshfields saw a 38% increase in female partners over three years, while A&O Shearman achieved a 26% increase.

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Tech

Transparency Gaps

Tech lags in reporting on LGBTQ+ and Disability workforce representation, with fewer than 1 in 5 firms disclosing data, compared to 71% in Law.

Gender Pay Gap Leadership

Tech outperforms other sectors, with an average gender pay gap of 15.5%, compared to Consulting (17%), Finance (25.2%), and Law (33.3%).

Black Representation Progress

Among firms reporting since 2020, Ebay and Intuit stand out for doubling their Black workforce in the U.S., while Google, Microsoft, and Salesforce have all increased theirs by ~50%.

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Conclusion

This year’s report highlights encouraging progress in transparency, gender equality, and Disability representation, while underscoring ongoing challenges in Black representation and socio-economic inclusion still has much further to go. As reporting evolves, Windō remains committed to tracking and amplifying these trends to drive meaningful change.