If it is similar to the Rooney Rule, no. The bar is the same, just required to consider a minority candidate.

I personally find tangible monetary value in employees with diverse backgrounds but I don't lower my bar. I just slightly discount sameness and slightly appreciate difference.

https://en.wikipedia.org/wiki/Rooney_Rule

@infosample, you are right. You cannot assume minorities and women will under-perform or are under the bar. The issue of people just don't give it enough thought when hiring. At the same time, you should not hire someone solely based on their gender or race. But if there are 2 candidates with very similar skill sets and meet the standards you are looking for, hire the one who will bring you more diverse background.

Consider the one who had to come farther to get to the same point, and what that implies about how they will go in the future.