ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Maximus DE&I Efforts Recognized in Third-Party Racial Equity Audit

Results of WilmerHale’s Racial Equity Audit of Maximus are Published

Maximus (NYSE: MMS), a leading provider of government services worldwide, today announced results from a third-party racial equity audit finding that the company has made a strong commitment to diversity, equity, and inclusion (DE&I) throughout the organization and has taken concrete steps in its continuing evolution to support a diverse and inclusive workforce. The audit, conducted by Wilmer Cutler Pickering Hale and Dorr LLP (WilmerHale), noted Maximus’ progress in many areas and outlined several recommendations for the company to continue building upon its DE&I efforts.

In September 2022, Maximus announced it engaged WilmerHale to perform a racial equity audit. As part of the audit, WilmerHale assessed the company’s operations, policies, ongoing DE&I efforts, and public engagement through a racial equity lens. The audit built upon Maximus’ DE&I initiatives and commitment to racial equity and justice for all employees.

“Maximus has established a solid foundation for its efforts to promote diversity, equity, inclusion, and opportunity within its workforce and continues to make progress toward advancing many initiatives that affect racial equity,” as the audit notes in its conclusion. “Despite the limited discretion that Maximus has in administering its government contracts, we found that Maximus has a strong commitment to promoting equity in the communities it serves.”

“WilmerHale’s report validates we have taken significant action to strengthen our company in areas where racial equity may be impacted, and while it acknowledges the hard work of the team, everyone at Maximus understands we are still on a journey to ensure a diverse, equitable, and inclusive company,” said Bruce Caswell, Maximus President and CEO. “We will not let up on our commitment to the importance of DE&I at Maximus and to strengthening our efforts in the areas recommended by this independent audit.”

Launched in 2020, the DE&I team is led by Dr. Arvenita W. Cherry, the company’s Vice President for DE&I and President and Chairperson of the Maximus Foundation. Dr. Cherry and her team developed the DE&I strategy to include a wide range of initiatives, such as conducting employee listening sessions, developing company-wide unconscious bias training and assessment for people managers, and launching Employee Resource Groups (ERGs). The strategy continues to expand and mature as evidenced by the company enabling all employees to attend DE&I-related activities and embedding DE&I principles into its talent acquisition efforts.

“Maximus has made incredible progress in recent years with DE&I, and we intend to continue our journey,” said Dr. Cherry. “We are proud that WilmerHale’s racial equity audit recognizes our efforts to date and appreciate their thoughtful recommendations to continue promoting DE&I at Maximus. We are committed to continuing our learning, measuring our progress, and, most importantly, listening to our employees. We are grateful for the contributions of many to this audit, the important findings, and what we have learned.”

The audit can be found here: maximus.com/racial-equity-audit.

About Maximus

As a leading strategic partner to governments across the globe, Maximus helps improve the delivery of public services amid complex technology, health, economic, environmental, and social challenges. With a deep understanding of program service delivery, acute insights that achieve operational excellence, and an extensive awareness of the needs of the people being served, our employees advance the critical missions of our partners. Maximus delivers innovative business process management, impactful consulting services, and technology solutions that provide improved outcomes for the public and higher levels of productivity and efficiency of government-sponsored programs. For more information, visit maximus.com.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.