Internal audit should be a leader in diversity, equity, and inclusion efforts to mitigate culture risk.
As culture has become a strategic focus for organizations in recent years, internal auditors have looked to support this strategic objective and the risks associated with it. Among the many implications of 2020 on organizational culture, there is an opportunity to shift the narrative relative to diversity, equity, and inclusion (DE&I). The past year has created a dramatic wave of momentum following several high-profile, racially charged events. In its wake, company after company made public statements decrying racism, calling for action, and committing to DE&I in their organizations.