Top 20 Most Diverse and Inclusive Companies In 2021/22

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Refinitiv has announced the 2021 Top 100 most diverse and inclusive organizations globally as ranked by the Diversity & Inclusion (D&I) Index. The index ratings are informed by Refinitiv’s Environmental, Social, and Governance (ESG) data, designed to transparently and objectively measure the relative performance of close to 11,000 companies representing 80%+ of global market cap across 500+ ESG data points, and provide clients with critical and differentiated insight.

Industries leading this year’s D&I Index Top 100 are banking, investment services & insurance firms with a total of 13, followed by pharmaceuticals with 9, specialty retailers 8 and telecommunications services, personal & household products & services with 7 respectively. United States leads the Top 100 list with 25 firms followed by the United Kingdom with 9, Australia, Italy and Germany 6, Canada, France, and South Africa 5.

The D&I Index is available on Refinitiv Workspace and Eikon, as are the underlying diversity and inclusion metrics, which are used by financial professionals to evaluate sustainability related risks and opportunities of companies across their investments, as well as empower diversity-lens investing strategies. The D&I Index utilizes innovative analytics to rate and score companies across 4 main pillars: Diversity, Inclusion, People Development and Controversies. Only companies with scores across all four pillars are assigned an overall score (the average of the pillar scores). The top 100 ranked companies with the best overall D&I scores are selected for the Index.

Top 100 Most Diverse and Inclusive Companies

Top 20 Most Diverse and Inclusive Companies

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1. Gap Inc

A group of 45 Gap Inc. employees, called the Color Proud Council, is taking diversity and inclusion head-on at the company, overhauling how all of its seven brands market, merchandise and hire to have a new focus on inclusivity. So far, it’s working to drive sales.

Bahja Johnson, director of global merchandising at Banana Republic, co-founded the Color Proud Council in 2018. Her goal was to make Gap Inc. more inclusive across product design, merchandising and marketing. The council’s focus has since expanded to include recruiting, developing and retaining diverse talent.

One of the council’s first big projects was the True Hues collection for Banana Republic. Launched in April, the line of nude basics includes bodysuits, camisoles, shoes and intimates in eight shades, from pale to a dark espresso brown. The council worked with every team involved in the creation of the collection.

2.Royal Bank of Canada

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Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries.

3.Accenture

Accenture earns the third spot on Refinitiv index of world's most diverse and inclusive companies. A Fortune Global 500 company, it reported revenues of $44.33 billion in 2020 and had 569,000 employees

4. Owens Corning (NYSE: OC)

Owens Corning develops, manufactures, and markets insulation, roofing and fiberglass composites. Global in scope and human in scale, the company’s market-leading businesses use their deep expertise in materials, manufacturing and building science to develop products and systems that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, the company makes thousands of products lighter, stronger and more durable. Ultimately, Owens Corning people and products make the world a better place. Based in Toledo, Ohio, Owens Corning posted 2015 sales of $5.4 billion and employs about 16,000 people in 25 countries. It has been a Fortune 500® company for 62 consecutive years.

5.Allianz Group

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Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

Mission: We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. Join us.

6.BlackRock, Inc.

BlackRock, Inc. ‘s mission is to help more and more people experience financial well-being. Together with clients, we’re contributing to a more equitable and resilient world – today and for generations to come.

7.Enel S.p.A

Enel ranked 7th overall in the Top 100 of the Index developed by global financial data provider Refinitiv, alongside being first among Italian companies. In addition, Enel leads, for the second consecutive year, the Refinitiv Diversity and Inclusion Index’s “Electric Utilities & IPPs” Industry Group. The index assesses over 11,000 companies for their diversity and inclusion performance based on publicly available information gathered by Refinitiv from each company’s institutional reporting and media coverage. Enel’s Latin American subsidiary Enel Américas is also ranked in the index.

8.Coca Cola HBC AG

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Coca-Cola HBC AG engages in the production, sale and distribution of non-alcoholic and ready-to-drink beverages. It operates through the following segments: Established Markets, Developing Markets, Emerging Markets. The Established Markets segment consists of Austria, Cyprus, Greece, Italy, Northern Ireland, the Republic of Ireland, and Switzerland. The Developing Markets segment includes Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, and Slovenia. The Emerging Markets segment comprises of Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Moldova, Montenegro, Nigeria, North Macedonia, Romania, the Russian Federation, Serbia, and Ukraine. The company was founded on September 19, 2012 and is headquartered in Zug, Switzerland.

9. Kering

Kering has been recognised as one of the top 25 most diverse and inclusive publicly listed companies globally, according to the Thomson Reuters Diversity & Inclusion (D&I) Index published today. Kering is the highest ranking luxury company to be included in the top 25, placing 22nd out of 4,255 publicly traded companies.

Kering’s ranking in the index follows the company’s longstanding commitment to promoting diversity as a key driver for “empowering imagination”. The Group is engaging actions at all levels to promote a socially, ethically, economically and environmentally sustainable business.

Kering is particularly committed to gender equality in the workplace. In recognition of the Group’s actions to promote equality between women and men at work it was recently awarded the Gender Equality European & International Standard (GEEIS) label.

10. Marriott International Inc

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Marriott International, Inc. was recognized as the #1 company for diversity across industries on the 2020 DiversityInc Top 50 Companies for Diversity list. The ranking also makes Marriott the highest-ranking hospitality company on the list for more than ten years and the only one to have achieved the top ranking.

11. CCC SA

CCC embraces the ambitions and welfare of over 178,000 employees, composed of more than 80 nationalities, in almost every country of the Middle East, Africa, Europe (including Russia), CIS countries, the Caribbean, Australia and Papua New Guinea.

12. Woolworths Holdings Limited

Woolworths Group has been recognised as the top company in Australia in the Thomson Reuters’ 2018 Diversity & Inclusion Index. It placed 14th globally while Woolworths Holdings took the 24th spot.

“We are proud to be ranked in the global top 20 of the Thomson Reuters Diversity and Inclusion Index. It is welcome recognition of our efforts and progress in creating an inclusive culture across all of our businesses,” Woolworths Group chief people officer, Caryn Katsikogianis said.

13.Sony Group

Sony is committed to promoting activities to encourage Diversity in accordance with the attributes of various countries and regions, based on its free-spirited corporate climate.

14. Scotiabank

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future" we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of over 90,000 employees and assets of approximately $1.2 trillion (as at July 31, 2021), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).

In 2020, Scotiabank renewed its Diversity and Inclusion Goals to increase the diversity of its employee population by 2025, with a focus on people who identify as Black, People of Colour, Indigenous peoples, People with Disabilities and Women. The Bank also implemented five employee listening sessions in 2020 for various diverse groups to drive an inclusive culture and strengthen employee engagement. The sessions provided additional insights and identified gaps to help inform actionable strategies to advance inclusion. Scotiabank also reaffirmed its commitment to inclusion by signing the BlackNorth CEO pledge to take a stand against anti-Black systemic racism and discrimination at every level.

15. Toronto-Dominion Bank

Diversity and inclusion are part of Toronto-Dominion Bank’s fundamental values that help us support our customers, colleagues and communities. From Toronto-Dominion Bank hiring practices to our accessible building designs, Toronto-Dominion Bank is working towards maintaining a welcoming, barrier-free culture for everyone.

16. Nedbank Group Ltd

Nedbank Group Ltd is a bank holding company which provides personal, commercial, corporate and merchant banking, fund management and related financial services throughout South Africa. In addition, Nedbank operates internationally through offices in London, Isle of Man, and subsidiaries and associates in sub-Saharan Africa.

17. Arçelik A.Ş.

Arçelik A.Ş is a leader in most of the 135 countries in which it does business, manufacturing and selling everything from major kitchen appliances to televisions, air conditioners, even gourmet tea dispensers and hair straighteners. It owes much of that sales success to something that happens months and even years after each sale.

That “something” is post-sales customer service. Arçelik A.Ş., like most manufacturers, knows that it’s now in the service business. Providing great customer service is the key to customer satisfaction. And customer satisfaction is an engine of business success.

Arçelik A.Ş.’s customer service operation is first rate—and it intends to keep it that way. “We’re known for the availability of fast, expert service,” says Suat Celebi, IT Manager for Supply Chain at Arçelik A.Ş.. “Customer service is crucial to our reputation.”

18. Red Electrica Corporacion SA

Red Electrica Corporacion SA is a Spain-based company engaged in the energy sector. The Company, through Red Electrica de Espana SAU (REE), focuses on the management of the Spanish high-voltage transmission grid, as well as is responsible for its development, maintenance and improvement of the network’s installations. Its activities also include the coordination among generation, transmission and distribution process of electric energy. In addition, the Company manages and leases telecommunications infrastructure, in particular fiber optic cables. The Company is a parent of the Red Electrica Group and operates through its subsidiaries and affiliates in a number of countries, such as Spain, the Netherlands, Luxembourg, Peru, Chile and France.

19.Tim SA

TIM confirms its place as the first Italian company and the world’s first Telco amongst the international companies standing out for inclusion policies and promoting diversity. For the third year running, TIM is one of the top 10 companies in the Refinitiv Diversity and Inclusion Index, the index that measures the performance of more than 7,000 companies – 70% of the global market – based on ESG (Environmental, Social, Governance) data, providing investors with a critical, differentiated view.

Every year, Refinitiv assesses the results of the global corporate world for what concerns diversity and inclusion, analysing data on environmental, social and governance sustainability using public sources such as sustainability reports, financial reports, corporate websites, press news. It then ranks the 100 listed companies that meet Diversity, Inclusion, People Development and Controversies parameters. Companies obtaining a positive result in all four areas receive a total mark calculated as an average of the marks obtained in the different areas. The index is reviewed every year.

20. Union Pacific Corporation

Union Pacific Corporation (NYSE:UNP) is one of America's leading transportation companies. Its principal operating company, Union Pacific Railroad, is North America's premier railroad franchise, covering 23 states across the western two-thirds of the United States.

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