OGUK Diversity & Inclusion Survey Report - April 2021
Change is accelerating
executive summary change is accelerating key findings society as a guide for the future
the industry to continue to thrive in an increasingly challenged global economy.
Not only is a positive diversity and inclusion culture important for those working in the industry, there is also clear evidence that good D&I improves business results (McGregor-Smith Review 2017). Organisations with a track record of positive D&I tend to be more profitable, more creative, more resilient and outperform their
less diverse and inclusive peers. Diversity on executive teams and across organisations also tends to lead to better business outcomes. The 2020 McKinsey report (‘Diversity wins’) highlighted that companies that embrace gender diversity on their executive teams tend to be more competitive and 25% more likely
to experience above-average profitability. Also, when ethnicity and cultural diversity are represented at leadership level, companies have a 38% likelihood of outperforming their peers on longer-term value creation. Therefore, diversity and inclusion are not simply optional agenda items for the UK oil and gas industry, but a corporate imperative necessary for
The UKCS 2020 D&I survey has established a baseline of D&I performance for the sector, created a D&I index and will inform future decisions to ensure the industry continues to attract, retain and develop a world class workforce.
Survey respondents demographic
ETHNIC background *
5% Prefer not to say
Prefer not to say 6%
4% Prefer not to say
introducing the ukcs d&i index
Note: All data presented is from the survey respondents and does not necessarily represent the industry as a whole.
* Black includes BlackAfrican/ Black caribbean/ Black Britishethnic groups, Asian includes Asian/ Asian British/ AsianScottishethnic groups andMixed includesMixedormultiple ethic groups (source: ONS)
ukcs d&i culture
and ways of working
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