Starting in 2024 - for the 96th Oscars - a film must meet two out of four standards to be considered.
Under the new rules, film studios will be required to boost diversity both in front and behind the camera, as well as in executive roles.
The guidelines represent the most significant structural change to the Academy's selection process in decades, but they come after an extended period of criticism levelled at the organisation for the diversity of its nominees.
While it's still four years before the requirements will apply, the Academy has said films wanting to be considered for the 2022 and 2023 Oscars will need to submit a standards form.
All other categories will be held to their current eligibility requirements.
The new standards will be implemented from 2024.
They include having at least one "lead or significant support actor" from an "underrepresented racial or ethnic group". In order to meet the standard a film must have either at least two leadership positions or department heads be from an underrepresented group and at least one be from an underrepresented racial or ethnic group; at least six other crew be from an underrepresented racial or ethnic group; or at least 30 per cent of the film's crew be from an underrepresented group.
Director Foreign Language Film and Original Screenplay at the 2020 Oscars
The third relates to the "main storyline/subject matter", which requires the film to be "centred on an underrepresented group (s)".
"Creative Leadership And Project Team" centers on the individuals who are hired to make the movies that are aiming to qualify for the Best Picture race.
It requires at least 30% of the film's crew to be made up of underrepresented groups.
The standards are based on those already employed by Britain's BAFTA, and "are created to encourage equitable representation on and off-screen in order to better reflect the diversity of the movie-going audience", said the statement.
"The aperture must widen to reflect our diverse global population in both the creation of motion pictures and in the audiences who connect with them". "We believe these inclusion standards will be a catalyst for long-lasting, essential change in our industry".
The inclusion standards were developed by a task force led by academy governors DeVon Franklin and Jim Gianopulos and in consultation with the Producers Guild of America.
The final two measures concern offering internships and training to underrepresented workers, and diversity in the movie's marketing and distribution teams.
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