In 2020, many leaders committed to advancing diversity, equity, and inclusion (DEI) at their organizations in response to the movement for racial justice set in motion by the murder of George Floyd by Minneapolis police. Four years later, some those commitments appear to be wavering, with forecasts estimating that organizational DEI investments will fall by 13% in 2024 compared to 2022. In the advertising sector specifically, recent layoffs at Google and Meta resulted in downsized DEI programs, and investment in diverse-owned media companies has slowed.

It seems that for many companies, amidst continuing economic uncertainty and in the lack of acute public pressure such as that felt in the wake of Floyd's murder, DEI has been relegated to a "non-mission critical" investment.

Despite these trends, much of the advertising industry remains committed to advancing diversity, equity, inclusion, and accessibility, and there is ample opportunity for continued prioritization and growth of DEI efforts.

To further explore how leaders can make meaningful strides toward DEI at their organizations, we sat down with Lois Castillo, Head of Diversity, Equity, and Inclusion at Basis Technologies. Lois, a veteran of both DEI and advertising work, recently wrapped up Basis Technologies' first virtual IDEA (inclusion, diversity, equity, and accessibility) summit, an event aimed at integrating IDEA principles more deeply into Basis' organizational culture. Below, she shares what companies can be doing better in their DEI work, how DEI leaders can anchor themselves amidst the complexity of that work, and how the IDEA summit served to advance Basis' DEI-focused goals.