INDIANAPOLIS, April 24, 2013 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) has been named to the DiversityInc "Top 50 Companies for Diversity" list for the third consecutive year.
DiversityInc's "Top 50 Companies for Diversity" is known as a leading assessment of diversity management globally. To make the list, participating companies must have more than 1,000 employees and demonstrate strength in key diversity areas: CEO commitment, human capital, corporate and organizational communications, and supplier diversity – while also showing year-to-year progress in diversity initiatives. A total of 893 companies participated, compared to 587 in 2012.
"We are honored to again be included on the DiversityInc list," said Shaun Hawkins, Lilly's chief diversity officer. "This recognition underscores Lilly's commitment to a culture that embraces difference, values inclusion, and supports our belief that diversity empowers us to generate unique ideas, create solutions and deliver innovation to improve outcomes for our patients."
This year's list includes companies from a range of industries whose leadership, procurement practices, communications and training best reflect the rapidly changing face of America. The full list can be found at www. DiversityInc.com/top50."On the heels of the demographically revealing 2012 presidential election, it is clear that U.S. companies are increasingly conscious of the importance of diversity," said Luke Visconti, CEO of DiversityInc. "We are very encouraged to see more companies applying for this distinction and embracing diversity more deeply than ever. We also note a continued positive correlation between achievement in diversity and overall positive stock performance." Both the 2013 and the 2012 DiversityInc Top 50 lists outperformed the S&P 500 on a one-, three- and five-year basis. Hawkins said Lilly's work to continuously improve inclusiveness has led to many successes in the United States and at its global affiliates. Many of the programs are focused on female representation and leadership, which have been noted as areas of strength for Lilly by DiversityInc. Previous evaluations of Lilly have spotlighted the company's success in the representation of women at top management levels and the promotion rate of women into management and within management ranks. Lilly also has received several honors for its workplace initiatives involving women. Key awards include:
- 2020 Women on Boards Winning Company for having over 20 percent of the board of directors female (Lilly's is 29 percent)
- Working Mother magazine Hall of Fame; Lilly has been on the Working Mothers list for 17 consecutive years
- Top Companies for Executive Women (NAFE) list since 2009
- LATINO 100 top companies offering opportunities for Latinos,
- Human Rights Campaign Best Places to Work Corporate Equality Index, perfect score
- Best in Class Employers of Asian Pacific American Professionals Finalist
- 76% more Blacks, Latinos and Asians on their boards of directors than the Fortune 500
- 54% more women on their boards of directors than the Fortune 500
- 43% more women in the top level (CEO and direct reports) than the Fortune 500
- 16.6% more Blacks, Latinos and Asians in the top level (CEO and direct reports) than the Fortune 500
- 16% of Top 50 CEOs are Black, Latino or Asian vs. 1.2% for the Fortune 500
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