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BLACK ENTERPRISE Announces The 40 Best Companies For Diversity
Published:
10/12/2015 12:38:47 PM

BLACK ENTERPRISE has released its listing of the 40 Best Companies for Diversity as featured in the publication's September 2015 issue. While the list showed most companies scoring high marks in senior management and corporate governance, most were found unsatisfactory when it came to procurement dollars spent with firms owned by African Americans and ethnic minorities - demonstrating a critical need to diversify this area.


In 2005, BLACK ENTERPRISE began publishing its list of the "Best Companies for Diversity," identifying those corporations that proved to be the best of the best in executing policies and developing a culture that promoted inclusion for African Americans within their workforce, senior management ranks, corporate boards, and supplier pools. Highlights of this year's list include four companies with black CEOs, 59 black female senior managers, and 72 black board members across companies.


In compiling this year's list, the BLACK ENTERPRISE research team sent surveys to more than 1,000 of the largest publicly traded companies and global companies with significant U.S. operations. This year, BLACK ENTERPRISE gained support from the Executive Leadership Council, the pre-eminent organization of current and former CEOs, board members, senior executives, and leading entrepreneurs in producing our list.  


Companies were evaluated based on representation of African Americans in senior management and on their board of directors, percentage of African Americans within the employee base and the procurement dollars spent with African American or ethnic minority group firms. There is still work to do in terms of major corporations fully embracing diversity; hundreds of companies were either unresponsive or declined to participate in our survey process.


Of the 40 best, Exelon Corp., IBM Corp., McDonald's Corp., and MGM Resorts International were some of the companies that demonstrated significant strengths in the four areas surveyed. 

 

The full list of the 2015 BLACK ENTERPRISE 40 Best Companies for Diversity is as follows:



Arkansas

North Carolina

Walmart Stores Inc., Bentonville

Bank of America Corp., Charlotte


Duke Energy Corp., Charlotte



California

New Jersey

Pacific Gas and Electric Co., San Francisco

Merck & Co Inc., Kenilworth

Toyota Motor North America, Inc., Torrance

Prudential Financial Inc., Newark

Wells Fargo & Co, San Francisco



Nevada

Connecticut

MGM Resorts International, Las Vegas

Xerox Corp., Norwalk



New York

District of Columbia

IBM Corp., Armonk

Fannie Mae, Washington




American Express Co., New York

Georgia

Consolidated Edison Inc., New York

Aflac Inc., Columbus

JPMorgan Chase & Co, New York

The Coca-Cola Co., Atlanta

TIAA-CREF, New York

Southern Co., Atlanta

Verizon Communications Inc., New York


PepsiCo Inc., Purchase

Illinois


Allstate Insurance Co., Northbrook

Ohio

Exelon Corp., Chicago

Macy's Inc., Cincinnati

McDonald's Corp., Oak Brook

Nationwide Insurance Co., Columbus

Northern Trust Corp., Chicago


State Farm Insurance Co., Bloomington

Pennsylvania


Aramark, Philadelphia

Louisiana

Comcast Corp., Philadelphia

Entergy Corp., New Orleans



Tennessee

Minnesota

FedEx Corp., Memphis

General Mills Inc., Minneapolis



Texas

Maryland

AT&T Inc., Dallas

Marriott International, Inc., Bethesda

Comerica Inc., Dallas



Michigan

Virginia

Ford Motor Co., Dearborn

Freddie Mac, McLean

General Motors Co., Detroit



Wisconsin


Johnson Controls Inc., Milwaukee





  

The 40 Best Companies for Diversity were acknowledged during the 2015 Executive Leadership Gala in Washington, DC.


The complete report, including methodology and selection criteria, is available in the September 2015 issue of black enterprise magazine.




























Source via PR Newswire

 

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