1. BANK OF AMERICA
Charlotte, NC
A leader in banking in the Hispanic community, Bank of America has banking relationships with 48 percent of all Hispanic households in the country and has been recognized for its diversity initiatives in corporate procurement, corporate board participation, senior management representation, and total workforce. The bank supports the Hispanic/Latino Organization for Leadership and Advancement and is one of the largest corporate sponsors of the Hispanic MBA organization.
2. WASHINGTON MUTUAL, INC.
Seattle, WA
Washington Mutual takes pride in a workforce that represents the diverse communities it serves. At the end of 2005, people of color made up 42 percent of the company's workforce.Washington Mutual partners with organizations such as the Mexican American Legal Defense and Education Fund, the National Association of Hispanic Real Estate Professionals, the National Council of La Raza, and the U.S. Hispanic Chamber of Commerce.
3. SOUTHERN CALIFORNIA EDISON
Rosemead, CA
Southern California Edison (SCE) promotes diversity with leadership programs, recruiting, and supplier diversity goals. Its mission is to make SCE a better company by continuing to focus on workforce representation, leveraging individual differences, and enhancing the company's reputation. SCE values and builds on differences for the benefit of the company, its customers, employees, and the communities it serves.
4. UNION BANK OF CALIFORNIA
San Francisco, CA
Union Bank of California has more than a third of its branches in communities where ethnic minorities are the majority. Union Bank supports multiple Hispanic chambers of commerce and Hispanic-focused charitable organizations, and spent some $16 million with Hispanic-owned businesses last year. In addition, the bank's Local Hero of the Year Awards program is in its tenth year in San Diego, Los Angeles, and Fresno to recognize the contributions of community heroes during Hispanic Heritage month.
5. SEMPRA ENERGY
San Diego, CA
In 2005, Sempra Energy spent $215 million, more than 23 percent of total purchases, with women-, minority-, service-disabled, and veteran-owned businesses. Diversity training, targeted recruiting, mentoring, succession planning, management development programs, and education reimbursement have been instrumental in recruiting and retaining diverse employees. Programs and initiatives reflect the needs of the growing Hispanic community as well as all members of its diverse communities.
6. PNM RESOURCES
Albuquerque, NM
PNM Resources and its subsidiaries welcome and promote the diversity of their work force, customer base, and the communities they serve. Promoting diversity is a part of supervisory performance management plans. By investing resources and creating partnerships with key organizations in the community, PNM is working to improve the quality of life for people throughout the service area.
7. VERIZON COMMUNICATIONS
Basking Ridge, NJ
Verizon's core values – integrity, respect, performance excellence, and accountability – are incorporated into everyday business practices, operations, and policies. Diversity is an integral part of Verizon's business, from workforce development and supplier relationships, to economic development, marketing, and philanthropy. Verizon has been able to retain a diverse workforce, increase performance, and offer new products and tailored solutions to an increasingly diverse marketplace.
