In a challenging year, I am reminded that we can learn from disruption and make adjustments to move forward in a positive way. Even in the most difficult times, we can come out stronger. I have learned that, when communities join together and allies step up, we can find opportunities to advance social justice and issues of diversity.
I am proud to be a member of a company that has made a focused commitment to supporting positive engagement in our communities. Micron has a responsibility to lead change, not only within our own walls but also in our communities and the world, addressing social justice, equality and the environment.
To support that responsibility, Micron has named six commitments to diversity, equality and inclusion (DEI) to guide our fiscal year 2021 (FY21) efforts. These commitments will drive change that enhances our business, supports our communities and enriches life for all.
What are Micron’s 2021 DEI commitments?
Our expanded commitments, listed below, build on our decision to publicly acknowledge our stand for social justice and reflect our intentional focus on equality and inclusion. Micron is committed to doing our part to break down barriers that block social and economic progress for underrepresented people; we believe in listening to and empowering our team members to make meaningful change inside and outside our business.
To act on these commitments, we have assigned accountability for the strategy and execution to members of our executive team. By engaging with our executives, we remain accountable to progress: We can chart and measure our results for each of these commitments.
For example, in Asia, we are committed to expanding education that focuses on inclusion and bias relating to LGBTQ+ topics. By taking specific steps, we are ensuring that all our team members can share their experiences and learn from each other, wherever they live. We believe that inclusive efforts globally across the company lead to open dialogue where team members can bring their authentic selves to work every day. This in turn fosters innovation.
What progress did Micron make this past year?
As proud as I am of these commitments for FY21, I am equally proud of the progress we have made as a company so far. On Thursday, Nov. 12, Micron published its 2020 DEI report, entitled “Micron For All: Diversity, Equality & Inclusion.” This document measures the company’s progress in creating a positive, inclusive culture and reports on the commitment to serve our communities and welcome the next generation of engineers and inventors.
The report highlights our successful efforts to achieve full pay equity across all underrepresented groups, including women, people with disabilities globally, and blacks, Hispanics and veterans in the U.S. Our pay equity study encompassed compensation, including both base pay and employee stock awards. Results also showed a steady growth of women in top leadership roles. By adding female representation to our board of directors, Micron increased its representation from 25% in FY19 to 37.5% in FY20. Although we have made important progress in representation, we still have opportunities to improve and will continue to focus our efforts in these areas.
Micron is a leader in technology and an influencer for good
Micron uses its market position not only as a technology leader but also as an influencer for good to support social justice and human rights. For all is a part of our vision statement. We will continue to make strides, and we will rely on these commitments to guide us.
We are putting our FY21 commitments into action today in our communities around the world, and I look forward to the change we will see in 2021.