LOS ANGELES, May 11 /PRNewswire-FirstCall/ -- A report by a prominent Hispanic organization ranks Tyson Foods, Inc. among the top 20 companies in the country for its inclusion of Hispanics throughout its business.
The Hispanic Association on Corporate Responsibility (HACR) this week released its first Corporate Index, ranking Hispanic inclusion by Fortune 100 companies. The Index, which was announced at the Association's Symposium on Corporate Responsibility, lists Tyson at number 18. IBM ranked first.
The HACR assessment measured the inclusion of Hispanics in such areas as executive leadership, corporate governance, workforce representation, Hispanic community reciprocity and Hispanic supplier outreach and development.
"We're gratified by the results of this assessment, which reflects the progress our company has made in our efforts to include and serve the Hispanic community," said John Tyson, chairman and chief executive officer of Tyson Foods. Approximately one-third of Tyson's 114,000 Team Members are Hispanic.
"Our organization is focused on encouraging Fortune 100 companies to include Hispanics in their board rooms, executive offices, and throughout their business models," said Alfonso E. Martinez, president and CEO of HACR. "We're pleased Tyson has demonstrated a commitment to this important effort and are proud to include the company in our Index."
Last year, Tyson appointed the company's first Hispanic board member. Albert C. Zapanta, president and CEO of the United States-Mexico Chamber of Commerce, is now one of five independent directors on the company's board. Zapanta was recognized by HACR as a 2005 honoree. He was one of five Hispanic leaders on the boards of Fortune 100 companies who were recognized by the Association.
In 2004, J. Alberto Gonzalez-Pita was named Tyson's Executive Vice President and General Counsel of Tyson Foods. He serves as Tyson's chief legal officer overseeing all legal matters involving the company.
Other examples of Tyson's Hispanic inclusion efforts include: * Tyson's Core Values -- Through its Core Values, Tyson "strives to be a company of diverse people working together" and also strives to operate "with integrity and trust in all we do." * Leadership and Organizational Development Department -- An on-going Tyson goal is to identify and prepare people, including Hispanic Team Members, to become future leaders through the company's Emerging Leaders and Mentoring programs. * Tyson Leadership College -- The company provides training to developing management and leadership skills. This includes classes on values and ethics, communications, coaching and problem-solving. * Tyson Workforce Home Benefit Program -- The company launched a $50 million initiative in 2004 designed to help Tyson Team Members obtain the financial assistance and expertise needed to buy a home. * Newcomers Financial Literacy Program -- Some Tyson plants provide classes designed to help workers learn how to develop a credit history, buy a home, write a check or participate in the retirement savings program. * Tyson Supplier Diversity Program -- Tyson offers equal opportunity to all potential suppliers of goods and services. For example, the company tracks procurement with Hispanic-owned firms and has a procurement goal that targets Hispanic suppliers. * Hispanic Marketing/Contributions -- Tyson has product marketing efforts that target the growing Hispanic marketplace. The company also makes charitable donations that specifically benefit the Hispanic community. About HACR
Founded in 1986 as a coalition of 14 prominent national Hispanic organizations, the Hispanic Association on Corporate Responsibility is a nonprofit, tax-exempt, 501 (c) 3 organization, headquartered in Washington, D.C. HACR's mission is to ensure the inclusion of Hispanics in corporate America at a level commensurate with their economic contributions. HACR focuses on four areas of corporate responsibility and market reciprocity. They are: Employment, Procurement, Philanthropy, and Governance.
HACR Coalition Organizations include The Hispanic Association on Corporate Responsibility, American GI Forum of the United States, ASPIRA Association, Inc., Congressional Hispanic Caucus Institute, Congressional Hispanic Leadership Institute, Cuban American National Council, Hispanic Association of Colleges and Universities, League of United Latin American Citizens, MANA, A National Latina Organization, MENToR, The National Hispanic Employee Association, National Association of Hispanic Publications, National Council of La Raza, National Puerto Rican Coalition, SER-Jobs for Progress National, Inc., and the United States Hispanic Chamber of Commerce.
About Tyson Foods
Tyson Foods, Inc., founded in 1935 with headquarters in Springdale, Arkansas, is the world's largest processor and marketer of chicken, beef, and pork and the second-largest food company in the Fortune 500. The company produces a wide variety of protein-based and prepared food products, which are marketed under the "Powered by Tyson(TM)" strategy. Tyson is the recognized market leader in the retail and foodservice markets it serves, providing products and service to customers throughout the United States and more than 80 countries. Tyson has approximately 114,000 Team Members employed at more than 300 facilities and offices in the United States and around the world. Tyson Foods, Inc.
Web site: http://www.tyson.com/