This poster explores the current trends in imparting awards and recognition in the field of scholarly publishing and makes recommendations to embrace diversity for a more equitable publishing ecosystem. In a collaborative effort, the members of the Society for Scholarly Publishing (SSP) Diversity, Equity and Inclusion (DEI) Committee will analyze statistics related to various professional awards offered by different scholarly publishing societies for the professional advancement of high caliber individuals to examine equitable distribution. The analysis will include but not be limited to organizations like SSP, CSE, ASAE, ASCE, NISO, London Book Fair, etc. Finally, drawing on inspiration from STEM and related fields, this poster will propose guidelines and recommendations for various nominating committees to not only diversify their own composition, but also to adopt inclusive and equitable criteria for equitable recognition of eligible candidates. This poster will appeal to researchers, early-, mid-, and late-career scholarly publishing professionals, as well as librarians.