#### Operational Impact

• Governance & Ownership

#### Investment Lens

• Minority and Disabled
Filters

# Percent Minority/Previously Excluded Ownership (OI7194)

Percentage of the organization that is owned by individuals who belong to minority or previously excluded groups as of the end of the reporting period.
Calculation:
$\frac{\text{Number of total shares owned by minorities}}{\text{Number of total shares}}$
Reporting format
Decimal
Metric type
Stock
Metric level
Organization
IRIS metric citation
IRIS, 2016. Percent Minority/Previously Excluded Ownership (OI7194). v4.0.

### Footnote

Organizations should footnote their categorization of minority/previously excluded groups and all assumptions used. See usage guidance for further information.

### Usage Guidance

• Where regional or local laws apply for calculating ownership by previously excluded groups, reporting should be consistent with these laws. Where laws do not exist, shares that are publicly traded or owned by institutions cannot contribute to the number of minority/previously excluded owned shares.
• The categorization of minority/previously excluded groups vary by the locations and situations in which they live. Because there is no internationally agreed-upon definition as to which groups constitute minorities, in situations where well-established local policies exist (e.g., South Africa: Broad Based Black Economic Empowerment (BBBEE) definition of previously excluded, India: based on backward caste), organizations should refer to local guidelines to identify minority or previously excluded groups. Otherwise, organizations should provide additional detail as to their tailored methodology for defining these groups.