Each year, HispanicBusiness magazine analyzes top corporation's efforts on diversity in recruitment and retention, governance, supplier development and philanthropy. The criteria for selecting the top 60 companies revolve around 32 variables. The full explanation of the methodology used in determining these Best Companies for diversity appears at the end of the list.
|4||Southern California Edison|
|6||Wal-Mart Stores Inc.|
|7||Bank of America|
|10||Marriott International Inc.|
|12||Consolidated Edison Co. of New York|
|14||Toyota Motor North America Inc.|
|15||Darden Restaurants Inc.|
|18||JPMorgan Chase & Co.|
|19||The Coca-Cola Co.|
|20||MGM Resorts International|
|27||S.C. Johnson & Son Inc.|
|32||American Express Co.|
|33||Ernst & Young LLP|
|35||New York Life Insurance Co.|
|36||Chrysler Group LLC|
|38||General Motors Co.|
|39||Pepco Holdings Inc.|
|40||NextEra Energy Inc.|
|42||Pitney Bowes Inc.|
|44||State Farm Insurance|
|48||Allstate Insurance Co.|
|51||Hyatt Hotels Corp.|
|55||United States Postal Service|
|57||Ford Motor Co.|
|58||US Airways Inc.|
The Project: Methodology
The factors for determining the Best Companies for Diversity involve more than 32 variables that measure a company's commitment to Hispanic hiring, promotion, marketing, philanthropy and supplier development. To compile the list, HispanicBusiness magazine contacted the top Fortune 1000 companies, American subsidiaries of Global 500 companies, and large U.S. public and private companies. The final directory lists the top 59 companies, based on a weighted processing of company data conducted by HispanTelligence, the research arm of HispanicBusiness Inc.
In accordance with survey methodology and privacy requirements, HispanicBusiness magazine does not publish information from a specific company that is not publicly available. Tables and charts depicting the cumulative data from all the best companies appear in the magazine.
Issues addressed by the survey include:
Board & Leadership: Hispanic and other minority representation on the board of directors and at the executive level.
Recruitment: Efforts to hire from minority groups, including Hispanics, and outreach efforts at colleges and universities.
Retention & Promotion: Efforts to support, retain and promote Hispanic and other minority employees through incentives, employee support groups, executive training, and diversity awareness and sensitivity training.
Marketing & Community Outreach: Marketing and advertising to reach Hispanic consumers, as well as involvement in and expenditures on philanthropic or community services that benefi t minority groups.
Supplier Diversity: Support or sponsorship of supplier-development programs, executives involved with supplier diversity, incentives tied to supplier diversity, and procurement goals.