DiversityInc Honors Toyota as a Top 50 Company for Diversity
May 03 2013 - 1:00PM
Business Wire
DiversityInc announced it has named Toyota one of its Top 50
Companies for Diversity®. This list recognizes businesses for their
ongoing commitments to diversity in four primary areas: CEO
commitment, human capital, supplier diversity, and corporate and
organizational communications. Toyota placed 48 out of almost 900
companies vying for inclusion on this year’s list, from industries
as diverse as banking, manufacturing, retail and consulting.
“We are honored to be included as a Top 50 Company for Diversity
by DiversityInc,” said Jim Lentz, Chief Executive Officer, Toyota
North America Region. “At Toyota, we believe inclusiveness and
diversity are essential to our business and act as a strong
catalyst to drive our success.”
"Toyota Motor North America's increasing emphasis on creating a
diverse talent pipeline has paid off,”
added DiversityInc CEO Luke Visconti.
Highlights of Toyota’s recent investments in corporate diversity
and inclusion include:
- A doubling of its formal mentoring
program to include more than 1,000 employees and more than 600
mentors;
- An almost doubling in membership in its
resource groups with a dramatic increase in the percentage of
employees who are members of more than one group;
- The addition of a resource group for
employees with disabilities and their allies; and
- A 24 percent increase in the percentage
of charitable donations to multicultural organizations, bringing
Toyota’s support of racial/ethnic, LGBT and disability nonprofits
to 40 percent of its overall philanthropy.
In addition to recognizing Toyota as a Top 50 Company for
Diversity, DiversityInc also is honoring the company with its
inaugural award of Top Company for Employee Engagement. The
publication also ranked Toyota eighth on its list of Top 10
Companies for LGBT Employees.
This news comes on the heels of other accolades and honors for
Toyota’s corporate diversity and inclusion efforts. It also
received the prestigious “Corporation of the Year” award from the
National Minority Supplier Development Council (NMSDC).
Additionally, Toyota is a member of The Billion Dollar Roundtable,
which recognizes business with more than $1 billion in annual
spending with certified ethnic and women-owned suppliers.
About Toyota
Toyota (NYSE:TM) established operations in North America in 1957
and currently operates 14 manufacturing plants. There are more than
1,800 Toyota, Lexus and Scion dealerships in North America which
sold over 2.3 million vehicles in 2012. Toyota directly employs
nearly 39,000 people in North America and its investment here is
currently valued at more than $24.5 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 $30 billion. For more information about Toyota visit
www.toyota.com or www.toyotanewsroom.com.
About DiversityInc
DiversityInc was founded in 1998 as a web-based publication, and
a print publication was launched in 2002. To see the full ranking
of the 2012 DiversityInc Top 50 Companies for Diversity as well as
more information on the methodology, visit
www.DiversityInc.com/top50.
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