News Column

HACR Releases Corporate Inclusion Findings

March 28, 2014

Staff Reports -- HispanicBusiness.com

hacr
HACR has released its 2013 Corporate Inclusion Index (HACR)

The Hispanic Association on Corporate Responsibility released its findings on recurring trends in employment, procurement, philanthropy and governance this week.

Key findings of the 2013 Corporate Inclusion Index (HACR CII) cover the percentage of Hispanics in the corporate workforce, the amount of procurement spend that goes to U.S. Hispanic enterprises, and the amount of charitable contributions to the Hispanic community and organizations.

"Though there is still much work to be done, the significance of the trends we have seen show us that the strength of the Hispanic consumer continues to grow and corporate America must recognize that the Hispanic population is the key to renewing an aging labor force and essential to preserving market position," Lisette M. Garcia, director, HACR Research Institute, said in a news release.

Four out of the top 10 Fortune 100 companies participated in the 2013 HACR CII, and participation has increased for the fifth year in a row, according to the release.

Key findings

39 percent of Fortune 100 companies participated in the survey, including four out of the top 10 Fortune 100 companies.
Hispanics comprise an average of more than 13 percent of the total reported employee base in corporate America.
On average, participants reported directing nearly 2 percent of total procurement spend to Hispanic-owned businesses.
Average annual charitable contributions to the Hispanic community and Hispanic organizations for the 2013 HACR CII participants approached 10 percent.

To view the 2013 HACR CII report, click here (PDF) or visit HACR's website at www.hacr.org.

HACR, founded in 1986, represents 16 national Hispanic organizations in the U.S. and Puerto Rico. Its mission is to advance the inclusion of Hispanics in corporate America.



Source: HispanicBusiness.com (c) 2014. All rights reserved.


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