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Photo: Chesnot/Getty Images

Snapchat on Wednesday released its first-ever diversity report, showing that the company is still slightly behind its peers in terms of equal representation of people of color and women, especially on its technology teams, but that it's made progress adding more women to its leadership team.

Why it matters: It's taken a while for the 9-year-old Los Angeles-based tech firm to publicly confront its diversity shortcomings on paper. But incidents, like settlement payouts to laid-off women, have pushed the firm to take the issue much more seriously.

The big picture: The report was released at the same time that the CEOs of four of its tech peers — Facebook, Google, Amazon and Apple — were testifying on Capitol Hill about antitrust, capturing most of the attention of reporters and the tech industry.

Details: The report finds that while gender disparities are stark on certain teams, Snapchat has made some improvements.

  • Women still only make up 16% of Snapchat's tech teams and just 7% of its tech teams’ leadership.
  • Overall, women made up 32.9% of Snap’s global workforce in 2019, an increase of 0.9% from 2018. The company says it's added more women to leadership roles and has retained more as well.
  • Black and Hispanic people are underrepresented in Snap’s U.S. business, representing 4.1% and 6.8% of the workforce, respectively. In 2019, overall representation of these populations at Snap increased 0.6% and 0.5%, respectively.
  • Overall, Snapchat's leadership (director+ level) is 70.4% white, 16.5% Asian, 2.6% Black/African American, 2.6% Hispanic/Latino, 0.9% Native Hawaiian/Pacific Islander, and 7.0% multiracial.
  • Snapchat's senior leadership team (VP+) is 74.2% white, 12.9% Asian, 3.2% Black/African American, 3.2% Hispanic/Latino and 6.5% multiracial.

What to watch: Snapchat has committed to new diversity goals in the next three years.

  • It's aiming to double the number of women in tech by 2023 and double the number of underrepresented U.S. racial and ethnic minorities at Snap by 2025.

Between the lines: The diversity report was released in conjunction with Snapchat's first public "CitizenSnap" report, which details its work addressing environmental and community problems, including its carbon footprint and living wage commitment.

  • Snapchat says it's making its app carbon neutral "by cutting its energy use and buying qualified offsets."
  • It says it's committed to paying more than $70,000 per year to all employees working at its headquarters.

Go deeper

House GOP adds at least 10 women to their ranks

Republican congressional candidate-elect Nancy Mace. Photo: Michael Ciaglo/Getty Images

A record number of Republican women ran for federal office this year and so far the GOP has boosted the number of women in the House by at least 10 members.

Why it matters: The new representatives reflect a big win for the Republican Party — and a payoff in their efforts to recruit women to run for office. Only 13 women held seats in the House in the 116th Congress; those numbers are now expected to be at least 23 (the AP has called at least 12 races and two of the current female representatives are retiring).

House passes government funding, debt ceiling bill

Speaker Nancy Pelosi. Photo by Kevin Dietsch/Getty Images

The House passed a bill on Tuesday to fund the government through early December, along with a measure to raise the debt ceiling through December 2022.

Why it matters: The stopgap measure, which needs to be passed to avoid a government shutdown when funding expires on Sept. 30, faces a difficult journey in the Senate where at least ten Republicans would need to vote in favor.

2 hours ago - Politics & Policy

The Democrats' debt dilemma

Illustration: Aïda Amer/Axios

Democrats find themselves in a political and potentially catastrophic economic quagmire as Republicans stand firm on denying them any help in raising the federal debt ceiling.

Why it matters: The Democrats are technically right — the debt comes, in part, from past spending by President Trump and his predecessors, not only President Biden's new big-ticket programs. But Senate Minority Leader Mitch McConnell (R-Ky.) is saddling them with the public relations challenge of making that distinction during next year's crucial midterms.