Ernst & Young LLP ranks in the top 10 on The DiversityInc Top 50 Companies for Diversity list for the fourth consecutive year

NEW YORK, April 26, 2012 /PRNewswire/ -- Ernst & Young LLP ranks no. 6 on The 2012 DiversityInc Top 50 Companies for Diversity® list, marking the fourth consecutive year the firm appears in the top 10. This is also the seventh consecutive year the firm ranks in the top 50, of its nine appearances on the list to date.

Additionally, Ernst & Young LLP was named The 2012 DiversityInc Top Company for Global Cultural Competence and will be one of eight companies recognized for unique achievements and diversity management innovations at the 2012 DiversityInc Special Awards event this October.

In other awards announced by DiversityInc, Ernst & Young ranks:

• No. 1 in The DiversityInc Top 10 Companies for People With Disabilities
• No. 2 in The DiversityInc Top 10 Companies for Global Diversity
• No. 3 in The DiversityInc Top 10 Companies for Executive Women
• No. 4 in The DiversityInc Top 10 Companies for LGBT Employees
• No. 4 in The DiversityInc Top 10 Companies for Recruitment & Retention

Luke Visconti, CEO of DiversityInc, said the following regarding Ernst & Young LLP's 2012 listing: "Ernst & Young has strong values and a talent-development model that is exemplary in the United States and around the world. The organization's leadership is deeply committed to creating an inclusive workforce, including major efforts to help disadvantaged youth. Led by Global Chairman and CEO James Turley, the global Ernst & Young organization has had remarkable success in getting its employees involved in diversity and inclusion. For example, Ernst & Young LLP has 88% more employees as members of at least two resource groups than the remaining DiversityInc Top 10. The recent appointment of Karyn Twaronite, a partner with significant experience and influence, to head the diversity efforts in the Americas is a signal of how important diversity is at this company."

The 12th annual list was announced on April 24 at The DiversityInc Top 50 Companies for Diversity Dinner in New York City, attended by nearly 600 corporate leaders. A total of 587 companies participated in the 2012 DiversityInc Top 50 competition, up 11 percent from last year. The list includes companies from a wide range of industries, such as consulting, retail, manufacturing and banking.

"We've moved beyond examining our return on investing in diversity and inclusiveness," said Stephen Howe Jr., Managing Partner, Ernst & Young LLP. "Given this is a global business priority of our organization, it's embedded in everything we do. Our diversity and inclusiveness leader reports to me and is on our operating committee. Business imperatives don't settle for the sidelines."

Karyn L. Twaronite, Americas Inclusiveness Officer, Ernst & Young LLP, added, "Diversity and inclusiveness are not an appendage to our business strategy — both are central to the success of our people and our markets. All of our people bring diverse talents we can leverage, so we expect, reinforce and reward inclusive leadership. Differences matter in our business and make us better." Twaronite was a panelist during the Best Practices From the DiversityInc Top 50 event on April 24, participating in the interactive session, "Best Strategies for Women." 

To qualify for The DiversityInc Top 50 Companies for Diversity, applicants must have at least 1,000 employees and are asked to answer a 300-field survey divided into four parts: CEO Commitment, Human Capital, Corporate and Organizational Communications, and Supplier Diversity. The results are determined by statistical analysis. It is an independent editorial process and there is no requirement to conduct business with DiversityInc.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

This news release has been issued by Ernst & Young LLP, a member firm of Ernst & Young Global Limited that provides professional services to clients in the US.

SOURCE Ernst & Young LLP

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