Codifying your values as an organisation is a helpful tool for accountability - i.e. you're keeping receipts for yourself. Value sets are also helpful lenses you can apply to tricky decision-making situations to help you see the problem and solutions from different angles. You should probably already have one if you're an established company; if not, no time like the present to identify what's important to you.
But here's some information on Inclusion & Diversity statements specifically.
Keep it short and sweet (approximately 50 words is great)
Be specific about what initiatives you may already have in place, or commitments to action you are making
This is a helpful guide to crafting your own statement (it's non-music specific, but go with it): https://learn.g2.com/diversity-statement
Also consider getting involved with things like the Keychange Initiative, for accountability as well as support and resources to help your organisation continue to improve your inclusion & diversity.
EXAMPLE DIVERSITY STATEMENT
At [boring company that actually wrote a great one], we appreciate the importance of creating an environment in which all of our employees can feel valued, included and empowered to bring great ideas to the table.
We recognize that each employee’s unique experiences, perspectives, and viewpoints across our various companies are critical to creating products that engage and inspire customers all over the world. Therefore, our goal is to foster an environment that is an incubator for great ideas, is attractive to the best talent, and that creates a profound sense of pride across our Company.
Our diversity and inclusion efforts will therefore focus on:
Leading and managing inclusively – embracing different cultures, ethnicities, genders and sexual orientations
Creating a work environment that fosters growth and advancement
Engaging with our audiences in a way that reflects and respects their unique perspectives and experiences
Our diversity and inclusion objectives, and progress towards achieving them, will be assessed annually to ensure they align with our business and talent objectives.
(June 2013)