Thomson Reuters has today announced the 2018 top 100 most diverse and inclusive organizations globally as ranked by the Diversity & Inclusion (D&I) Index. This year, 52 new companies have earned a spot among top 100 on the index, while 17 companies remained ranked on the index for 2 consecutive years, and 12 companies regained a spot on the index.

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In a proud moment of sorts, this year, only one Indian company has managed to break into the top 100 list and that is Piramal Enterprises, which has been ranked 95 in the index. There wasn't any Indian firm in the 2017 index.

Accenture PLC has topped the list with a score of 84.25 followed by Novartis AG (79.25), Medtronic PLC (79), Diageo PLC (78.75) and Gap Inc (78.50).

Thomson Reuters has launched the D&I Index in 2016. It ranks the top 100 publicly traded companies globally with the most diverse and inclusive workplaces, as measured by 24 metrics across four key categories: Diversity, Inclusion, People Development and News Controversies.

"The index ratings are informed by Thomson Reuters environmental, social, and governance (ESG) data, designed to transparently and objectively measure the relative performance of more than 7,000 companies and provide clients with differentiated insight," said Thomson Reuters in a statement.

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But are the diversity and inclusion correlated to profitability?

“Recent studies have revealed that diversity & inclusion is correlated to value-creation & profitability.  As such, financial services have an obligation to inform investors of these opportunities,”  said Will Jan, Vice President & Lead Analyst at Outsell.