Toyota Named Among Best Companies for Diversity by Black Enterprise
Published Friday, 22 July, 2011 by Jenny Scott. Categories: News.
July 22, 2011
Toyota Named Among Best Companies for Diversity by Black Enterprise
NEW YORK, NY, July 22, 2011 -- Toyota was named among the 40 Best Companies for Diversity by Black Enterprise.
The annual list, included in the July 2011 issue of the magazine,
recognizes 40 companies that have demonstrated significant
representation of African Americans and other ethnic minorities in areas
including supplier diversity, senior management, board of directors and
total employment. Toyota was recognized for its achievements in the
area of supplier diversity.
This is the sixth consecutive year that Toyota has been included
among the Best Companies for Diversity. The list is compiled based on
the results of a comprehensive survey of the top 1,000 publicly traded
companies in the United States, as well as global companies with
significant U.S. operations.
"At Toyota, diversity and inclusion have always been among our top
priorities, and we are honored to be recognized by Black Enterprise,"
said Dian Ogilvie, senior vice president and chief diversity officer at
Toyota Motor North America. "We believe constant growth towards a more
inclusive environment is imperative not only in developing and retaining
a talented workforce, but in fostering a corporate environment that
mirrors the communities in which we do business. As we remain committed
to continuously improving, we will work closely with our senior managers
and Diversity Advisory Board to enhance our efforts even further."
In 2001 Toyota launched its 21st Century Diversity Strategy, which
set tangible diversity targets in areas including employment,
procurement and dealer development. Working closely with its external
Diversity Advisory Board, a seven-member board chaired by former
Secretary of Labor Alexis Herman, Toyota has made strong progress,
including more than doubling its annual spending with diverse suppliers.
In addition, people of color now represent nearly 30 percent of
Toyota's employment.
The Best Companies for Diversity is just one of Toyota's latest
recognitions for its efforts in diversity and inclusion. Other honors
include:
- Inclusion among DiversityInc.'s Top 50 Companies for Diversity for five years
- Inclusion in the Human Rights Campaign "Best Places to Work Corporate Equality Index" for the past four years
- Induction into the Billion Dollar Roundtable, in recognition of over $1 billion in annual spending with certified ethnic and women-owned suppliers
- "Corporation of the Year" award from the National Minority Supplier Development Council (NMSDC)
- "Distinguished Supplier Diversity Award" from the Minority Business Development Agency (MBDA)
"The companies selected for distinction in this list not only
demonstrated a commitment to diversity, but viewed it as a business
imperative," said Black Enterprise Careers & Lifestyle Editorial
Director Sonia Alleyne. "The strength of Toyota's network of minority
suppliers enables the company to be even more competitive on a global
scale."
Contact(s):
Zo? Zeigler
Toyota Motor North America (212) 715-7492 |
About Toyota
Toyota (NYSE:TM) established operations in North America in 1957
and currently operates 14 manufacturing plants, including one under
construction. There are more than 1,800 Toyota, Lexus and Scion
dealerships in North America which sold more than 2 million vehicles in
2010. Toyota directly employs more than 35,000 in North America and its
investment here is currently valued at more than $23 billion, including
sales and manufacturing operations, research and development, financial
services and design. Toyota's annual purchasing of parts, materials,
goods and services from North American suppliers totals nearly $25
billion.
About Black Enterprise
Black Enterprise, your ultimate source for wealth creation, is the
premier business, investing, and wealth-building resource for African
Americans. Since 1970, be has provided essential business information
and advice to professionals, corporate executives, entrepreneurs, and
decision makers. Every month, Black Enterprise magazine provides four
million readers with information on entrepreneurship, careers, and
financial management. As multimedia company, Black Enterprise produces
television programming, business and lifestyle events, web content and
digital media. Black Enterprise is the definitive source of information
for and about African American business markets and leaders, and the
authority on black business news and trends.
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