PRINCETON, N.J. – A half-dozen companies with significant operations in Rhode Island have made it onto DiversityInc’s 2014 list of the Top 50 Companies for Diversity.
Cox Communications was the highest-ranking company in the state, coming in at No. 18 on the list. Next was KPMG, at No. 21, Target, No. 22, Verizon Communications, No. 43, TD Bank, No. 45, and JCPenney, No. 48. Leading the list for 2014 is Novartis Pharmaceuticals Corp.
Companies with local connections on the 2013 DiversityInc Top 50 Companies for Diversity list included: Target (No. 20), Cox Communications (No. 22), KPMG (No. 23), TD Bank (No. 43), Verizon Communications (No. 47), and JCPenney (No. 50).
In a profile of Atlanta-based Cox that was posted on DiversityInc.com, company President Pat Esser said “Diversity and inclusion has been at the core of Cox Communications’ mission and values for more than 50 years. I’m proud of the work we continue to do to foster diversity with our people, customers, suppliers and in the community.” In addition to its top 20 ranking on the list, Cox was singled out by DiversityInc for community philanthropy.
Target also had a light shined on it for its efforts in mentoring, including its mentoring initiative, in which senior management as well as store staff are involved and are measured on their mentoring efforts in company performance reviews.
“Earning a spot on the DiversityInc Top 50 proves that management is paying close attention to the needs of their primary constituents — employees, customers and other key stakeholders,” said DiversityInc founder and CEO Luke Visconti in a statement. “Companies with great reputations attract the best and most skilled employees, who then create and deliver the best products and services. It’s a virtuous cycle that enables public companies on the DiversityInc Top 50 list to consistently outperform the major domestic stock market indices and privately held companies to surpass their peers.”
The list, which DiversityInc. has been producing for 15 years, ranks companies that apply based on four areas of human resource policy and implementation: talent pipeline, equitable talent development, CEO/leadership commitment, and supplier diversity, over 183 separate factors through a 300-question survey. The free survey was completed by 1,215 companies, with each entry signed either by the enterprise CEO, chief human resource officer or a corporate officer. In order to take part in the survey, companies must have at least 1,000 employees. For more information about the list methodology, click HERE.
DiversityInc. also produced a number of sublists, using the same ranking data supplied in the surveys. Here are companies with local connections on the various lists:
25 Noteworthy Companies (companies that have the potential to earn spots on next year’s Top 50 list based on the input of DiversityInc’s editorial staff): CVS Caremark Corp.
Top 10 Companies for Supplier Diversity: KPMG (No. 6)
Top 10 Companies for Employee Resource Groups: KPMG (No. 4), CVS Caremark (No. 7)
Top 10 Companies for Diversity Councils: TD Bank (No. 6)
Top 10 Companies for Mentoring: KPMG (No. 1), Target (No. 4)
Top 10 Companies for Veterans: CVS Caremark (No. 7)