Solicitation of Input: Seeking Feedback on Principles for Diverse Business Practices in Commerce

Invitation for Feedback on Commerce Business Diversity Principles

On December 22, 2023, President Biden signed two Executive Orders aimed at promoting a strong, fair, and inclusive workforce and economy by investing in historically underserved communities. In response, the Department of Commerce has developed the Business Diversity Principles (BDP) Initiative, which encourages businesses to adopt best practices that promote economic growth through diversity, equity, inclusion, and accessibility (DEIA) initiatives.

To further this initiative, Commerce Deputy Secretary Graves announced last month that the department is seeking feedback from the public on the Business Diversity Principles. We are inviting private sector employers, anchor institutions, workers, educational leaders, civil rights advocates, and other relevant stakeholders to provide their input through a Request for Information (RFI).

The purpose of this RFI is to gather feedback that will help refine the Business Diversity Principles and develop resources to support the private sector in enhancing and expanding their Business Diversity efforts. We have developed a draft of the Principles based on input from the private sector and subject matter experts, which focus on executive leadership, organizational strategy, workforce development, human resources, community investment, and business opportunities.

We are interested in hearing from the public on the draft Principles and any existing Business Diversity efforts. We believe that a highly-skilled, diverse workforce is crucial for the nation’s economic competitiveness, and Business Diversity efforts aim to ensure that all workers, suppliers, and communities are included in this prosperity.

To respond to this RFI, please submit electronic public comments via the Federal e-Rulemaking Portal. The comment period has been extended to February 2, 2024, to give prospective commenters additional time to adequately consider and respond. We are particularly interested in hearing about real-world examples of strategies and best practices related to the Business Diversity Principles.

We look forward to your valuable feedback and collaboration as we work towards building a more equitable and inclusive economy. Thank you for your participation.

Executive Orders referenced:
– Executive Order 13985, Advancing Racial Equity and Support for Underserved Communities through the Federal Government.
– Executive Order 14091, Further Advancing Racial Equity and Support for Underserved Communities through the Federal Government.  

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