DiversityInc Honors Toyota as a Top 50 Company for Diversity
Toyota Receives Inaugural Award of Top Company for Employee Engagement
NEW YORK -- May 3, 2013
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,” addedDiversityIncCEO Luke Visconti.
Highlights of Toyota’s recent investments in corporate diversity and inclusion
*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
*The addition of a resource group for employees with disabilities and their
*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.
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.
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.
Luis Rosero, 212-715-7493
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