Best Companies for Latinos
Name: American Telephone & Telegraph
Headquartered in: Dallas, Texas
Established in: 1983
Outreach and Retention of Latino Employees: AT&T scored the highest rating in the 2015 Hispanic Association on Corporate Responsibility (HACR) Corporate Inclusion Index by achieving a near perfect score of 95 points (it has done so for the past five years).
Diversity: The brilliant Ralph de la Vega is a great example of the company's top leadership, having also served on several prominent boards. AT&T's Hispanic ERG, which is called HACEMOS, has been widely recognized as one of the strongest ERGs in corporate America.
Suppliers Diversity: AT&T is a member of the Billion Dollar Roundtable, a prestigious group of 20 major companies that spend $1 billion or more with minority business enterprises. AT&T is also a member of the BDR, NMSDC and WBENC.
BANK OF AMERICA
Name: Bank of America
Headquartered in: Charlotte, North Carolina
Established in: 1904
Outreach and Retention of Latino Employees: U.S. Hispanic Chamber of Commerce (USHCC) recognized Bank of America as for its Hispanic/Latino Organization for Leadership & Advancement (HOLA) as being one of the nation's top ERGs. Of its U.S. workforce, 46 percent of its people are of diverse races and ethnic backgrounds.
Diversity: Bank of America has partnered with highly respected organizations like the Association of Latino Professionals For America (ALPFA), it holds its Hispanic Latino Leadership Summit and it has media mogul Monica Lozano in its board.
Suppliers Diversity: The company belongs to the prestigious Billion Dollar Roundtable. In 2014 it spent $2.5 billion with diverse businesses, and in 2015 it celebrated the 25th anniversary of the highly respected Supplier Diversity and Development program.
Name: Capital One Financial Corporation
Headquartered in: Tysons Comer, Virginia
Established in: 1994
Outreach and Retention of Latino Employees: Capital One is making strides in recruiting, retaining and training Latinos as noted by Latina Style in their 2015 Top 10 Employee Resource Groups of the Year, Hispanic Network of Capital. The company's goal is for inclusion at a deeper level.
Diversity: Capital One has a good Chief Diversity and Inclusion Officer in Lane Hopkins and a great ERG. It also has Emilia Lopez, Managing Vice President of U.S. Cards Division, who has introduced many programs like making Spanish service available for cardholders.
Suppliers Diversity: According to the company's 2014 Corporate Social Responsibility Report, "our direct spend with diverse suppliers represented approximately 10% of our overall procurable spend. In addition to ensuring diverse suppliers are included in supplier selection decisions, we offer various programs to help suppliers grow."
Headquartered in: Bloomfield, Connecticut
Established in: 1982
Outreach and Retention of Latino Employees: One of the globe's health service leaders scored a remarkable 90 points in the 2015 HACR Corporate Inclusion Index. Rosanna Durruthy, Cigna's Chief Diversity Officer, says that diversity is essential, as well as the health of its customers.
Diversity: HACR congratulates Cigna on its diversity efforts, procurement and scoring high in the Inclusion Index. Also, Roman Martinez IV, a private investor, sits on the board.
Suppliers Diversity: Cigna's supplier diversity program dates to the 1970s. In 2007, the company purchased $39.3 million in goods and services from minority- and women-owned companies from across the country.
Name: The Coca-Cola Company
Headquartered in: Atlanta, Georgia
Established in: 1892
Outreach and Retention of Latino Employees: CocaCola achieved a stellar score of 90 in the HACR Corporate Inclusion Index, with 19 percent of its U.S. workforce comprised of Latinos (they make-up 21 percent of its refreshments workforce). For decades, Latino publications and organizations have awarded the company for its programs geared toward Latinos.
Diversity: Latinos make up 8 percent of the company's corporate headquarters workforce. Maria Elena Lagomasino sits on the board, while well-known Latinos Roberto Goizueta (former CEO) and Jose Octavio Reyes Lagunes have been among the company's top echelon.
Suppliers Diversity: Terrez M. Thompson Vice President of Global Supplier Diversity says the company is hungry to meet the diverse suppliers ancf invites them to go to http://supplierdiversity.coke.com The company has supported Nely Galan's Adelante Movement, a program intended to empower Latinas.
Name: Comcast NBCUniversal
Headquartered in: Philadelphia...