Dow recently announced that it has earned the 22nd place on the 2020 DiversityInc Top 50 Companies for Diversity list, which was announced at a virtual event hosted by DiversityInc. Dow reports that its placement on the list for the third consecutive year showcases its commitment to inclusion and diversity (I&D) as a business imperative. Dow was also included on four of DiversityInc’s Specialty Lists: second on Top Companies for Employee Resource Groups, third on Top Companies for Supplier Diversity, one of 16 companies on Top Companies for People with Disabilities, and one of 29 companies on Top Companies for LGBT Employees.
“On behalf of Dow employees who are championing diversity and inclusion around the world, we are extremely honored to have been ranked in the DiversityInc Top 50 Companies for Diversity list,” said Jim Fitterling, chairman and CEO. “This external benchmark is critical to measuring our progress among the best and defining our focus for the future.”
According to Dow, its areas of focus included activating 10 global employee resource groups. These groups have reportedly been a catalyst for driving engagement and accelerating progress across a number of business priorities.
“Earning a spot on DiversityInc’s Top 50 Companies for Diversity list affirms that we are making real progress in inclusion and diversity, and also highlights where there is more work to do,” said Karen S. Carter, chief inclusion officer and chief human resources officer. “This is not only important for Team Dow, but for our customers, suppliers, communities and other stakeholders who are critical to the journey.”
Issued annually since 2001, the DiversityInc Top 50 Companies for Diversity list recognizes companies with at least 1,000 employees in the U.S. for their management of diversity and inclusion. The list is based on data from a survey with more than 200 questions, which tracks and connects human capital outcomes with best practices used to promote the advancement of underrepresented groups in the workplace such as women, minorities, people with disabilities, LGBTQ+, and veterans. The rankings take into account several factors, including (but not limited to) talent development, recruitment, supplier diversity, and senior leadership commitment to inclusion and diversity.