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Top 10 companies for Latino executives in 2023

DiversityInc held a ceremony at the beginning of the month to recognize the most diverse companies in the U.S.

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DiversityInc, a renowned source of data and information on diversity, equity and human capital inclusion, recently released a series of lists recognizing U.S. employers for their excellence in promoting equity in the workplace.

With the goal of highlighting companies that prioritize talent through supplier diversity practices and philanthropic engagement, DiversityInc's specialty lists are evaluated based on group performance and the cut is made when there is a significant difference between the top performing companies and the next finalist.

Carolynn Johnson, CEO of DiversityInc, stated in a press release:

Since 2001, the DiversityInc Top 50 survey has become the external validator for large U.S. employers committed to promoting diversity, equity and inclusion.

Top 10 Best Companies for Latino Executives

In a list of 24 companies, these ones made it to the top 10:

  1. Medtronic
  2. The Hershey Company
  3. Blue Shield of California
  4. Toyota North America
  5. Eli Lilly and Company
  6. Mastercard
  7. Comcast NBCUniversal
  8. EY
  9. ADP
  10. Dow
Diversity Inc. 50 Top Companies for Latino Executives. Graphic. Diversity Inc.
Diversity Inc. 50 Top Companies for Latino Executives. Graphic. Diversity Inc.

How the List Is Prepared

The results come exclusively from surveys of employers with at least 750 people who report to them, where organizations are evaluated within the context of their own industries on verified policies, practices and procedures.

These rankings represent evidence-based, superior human capital outcomes that are achieved only by data transparency and an unwavering commitment to workplace fairness for everyone,” added  Johnson.

Here are the six categories of data collected to measure, rank, and compare participating employers:

  1. Leadership Accountability – CEO & Senior Leadership Commitment, Board of Directors, Executive Diversity Councils and DEI Management
  2. Talent Programs – Employee Resource Groups, Mentoring, Sponsorship and High Potential programs and practices
  3. Human Capital Metrics – Human Capital Metrics for Overall Workforce, Management, New Hires, Promotions and Turnover Representation
  4. Workplace Practices – Diverse Candidate Slates, Onboarding, Fairness Training, Workforce Development & Engagement and Employee Benefits practices and policies
  5. Supplier Diversity – Supplier Diversity spending and practices
  6. Philanthropy – Philanthropic giving and practices

With a 23% increase in overall participation and a 32% increase within the healthcare sector, these rankings are based on employer-submitted data about their organizational policies, practices, and procedures, not on employee sentiment or scraped from sources that cannot be validated,” underlined Johnson

The assessment provides detailed information on representation metrics across various dimensions and segments of intersectionality, including race/ethnicity, gender identity, sexual orientation, disability status, and veteran/active military status of employees, leadership, and the directive board.

In addition, the assessment provides insight into provider diversity and spending and practices related to philanthropic activities, thereby generating relevant benchmarks, best practices, and research.

The complete list of the best companies for Latino executives and other specialty lists can be seen by clicking here.

DiversityInc, led by a Black female executive, is a Veteran-owned, VA-certified business.

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