Novartis Pharmaceuticals tops DiversityInc’s annual Top 50 list for second yearAround the Nation, Online Only, Top Highlights Thursday, April 30th, 2015 For the second year in a row, Novartis Pharmaceuticals has taken the top spot in DiversityInc’s annual ranking of some of world’s top corporations for its commitment to equality in hiring, promotion and a host of other metrics. The top five also include (by rank) Kaiser Permanente, PriceWaterhouseCoopers, EY (Ernest & Young) and Sodexo (French-based food services and facility management). Novartis, Kaiser and Sodexo all have a strong presence in San Diego.
DiversityInc CEO Luke Visconti was quoted as saying, “The competition for the DiversityInc ranking has increased with more than 1,000 companies participating.” According to the report, the Top 50 companies which had more diversity also outperformed the market. These companies did have better corporate governance and created opportunities for innovation. And according to Rhonda Crichlow, vice president and head of U.S. Diversity & Inclusion for Novartis Pharmaceuticals Corporation, “Novartis believed in diversity and inclusion as an integral part of their daily work life and viewed sustainable business practices and customer needs as the focus of company activities.”
According to DiversityInc, the ranking are based on four categories each with their own criteria: Talent Pipeline: workforce breakdown, recruitment, diameter of existing talent and structures. Equitable Talent Development: employee resource groups, mentoring, philanthropy, movement and fairness. CEO/Leadership Commitment: accountability for results, personal communications and visibility and Supplier Diversity: spend with companies owned by people from underrepresented groups, accountability and support.
There are also lists broken down by sectors such as the Diversity Inc Top 10 Companies for LGBT Employees. Last year, LGBT Weekly reported that AT&T topped the list. And while they have retained their status in the top three, this year, Wells Fargo moved up a spot with Time Warner rounding out third place. Other winners include Marriott International, EY, Eli Lilly and Company, KPMG, Accenture, MassMutual Financial Group and PriceWaterhouseCoopers.
Any corporation can asked to be ranked and, per DiversityInc, no company will be measured in terms of their negatives. For the full list, click here.
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