BLACK ENTERPRISE Announces The 50 Best Companies For Diversity

NEW YORK, Nov. 4, 2016 /PRNewswire/ -- BLACK ENTERPRISE, in partnership with the Executive Leadership Council, has released its listing of the "50 Best Companies for Diversity" as featured in the publication's October 2016 issue. The companies singled out for distinction demonstrated a significant commitment to diversity in four key areas: board of directors, employee base, senior management and supplier diversity.

In 2005, BLACK ENTERPRISE began publishing its list of the "Best Companies for Diversity," identifying those corporations that proved to be the best of the best in developing a culture and executing policies that promoted inclusion of African Americans within their workforce, senior management ranks, corporate boards, and supplier pools. This year's roster of companies recognized the value of the link between diversity and engagement, which is driven by corporate leadership.

In compiling this year's list, the BLACK ENTERPRISE research team found hundreds of companies declined to take part in the survey. Some companies did not participate, stating that they did not have adequate time to provide diversity figures. Others admitted that their organizations' numbers simply did not measure up.

"At a time when African American executive talent is more abundant than ever, corporations should willingly embrace our inclusion to drive their performance," says BLACK ENTERPRISE's President and CEO, Earl "Butch" Graves Jr.  "The companies featured on our roster provide a strong culture of inclusion, starting at the top, with many of the CEOs presiding over internal inclusion councils and tying diversity best practices to job performance and compensation."

In selecting the 2016 companies, BLACK ENTERPRISE and ELC sent surveys to the nation's top 1,000 publicly traded companies with strong U.S. operations. The final list includes those that showed a commitment to diversifying its ranks in four areas: employee base, senior management, supplier diversity, and board of directors. Companies were also chosen based on programs created to nurture and maintain a diverse professional space. Surveys did not simply focus on black inclusion, but ethnic minority groups as defined by the U.S. Census Bureau. Supporting criteria used to finalize the list included efforts directed toward women, the disabled, veterans, and the LGBT community.

The full list of the 2016 Black Enterprise "50 Best Companies for Diversity" is as follows:

The complete report, including methodology and selection criteria, is available in the October issue of BLACK ENTERPRISE magazine.

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 6 million readers with information on entrepreneurship, careers, and financial management. A 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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