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n the dynamic world of investor relations, where financial expertise meets strategic communication, the principles of diversity and inclusion are not just ethical imperatives but catalysts for innova- tion and growth. NIRI has long championed these values, embedding them into its Code of Ethics to guide professionals in fostering a culture that respects and celebrates differences. Ethical Principle #4 in the NIRI Code of Ethics


states: NIRI members are committed to diversity, equity, and inclusion. To support this principle, NIRI members must


value and embrace diversity in all aspects of the member’s profession and participation in NIRI programs and activities, and respect others without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, or other legally protected characteristics. NIRI members shall not engage in or tolerate


any form of discrimination or harassment. NIRI members shall promote equitable opportunity for all and foster a culture of inclusion.


A Story of Transformation Meet Sarah, an investor relations officer at a mid- sized tech company. When she joined the firm, she recognized the need to enhance diversity of thought and representation within her team. Te company’s investor relations strategies were effective, but missed the innovative spark from varied perspectives. Sarah, inspired by NIRI’s commitment to ethical practices, decided to act.


A New Mosaic for the Team Sarah initiated efforts to promote a more inclusive hiring process. She collaborated with the human resources department to ensure that job postings reached a wider audience and highlighted the com- pany’s dedication to embracing multiple perspectives. Her initiatives yielded positive results over time. Te team welcomed members from diverse back-


grounds, including varied professional experiences. Tis diversity introduced innovative ideas and new approaches to investor relations, thereby improving the team’s ability to engage with a broader range of stakeholders—both internally and externally.


ni ri .org/ irupdate


FIGURE 1 Examples of Mosaic Pieces to Shape IR Team Thinking


MOSAIC OF PERSPECTIVES DESCRIPTION Geographical Background


Socio-Economic Status Professional Experience Educational Background Age Gender Cultural Background Language Abilities/Disabilities Religious Beliefs Sexual Orientation Military Experience Family Structure


Different regions or countries, cultural insights


Varied economic backgrounds, unique viewpoints


Diverse job histories, wide range of skills


Different schools or universities, varied knowledge and academic focus


Mix of fresh ideas and seasoned wisdom Balanced and inclusive approach


Unique traditions and practices, global awareness


Multilingual abilities, global communication


Physical and cognitive diversity, innovation in accessibility


Understanding and respect for different worldviews


Inclusive and supportive environment


Discipline, leadership, unique problem-solving skills


Varied life experiences, work-life balance


She recalled a workshop where her team was


composing the narrative for an upcoming earnings release; the storyline was enhanced as each team member contributed unique insights based on their individual perspectives about the results. Te CFO expressed significant approval of the final product. (See the sidebar, “Examples of Mosaic Pieces to Shape IR Team Tinking,” for a template.)


IR UPDAT E ■ S P R I NG 20 2 5 3 1


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