WASHINGTON, December 2, 2019 – On November 21, 2019, the Hispanic Association on Corporate Responsibility (HACR) nationally released the 2019 Corporate Inclusion Index (CII) report. This report is compiled from data collected from participating companies that use this tool to help them evaluate and assess their Hispanic inclusion efforts.
The assessment examines key indicators by which companies evaluate progress on diversity and inclusion in order to help them identify opportunities for improvement or best practices for Hispanic inclusion. The CII rating system, comprised of up to five stars, is designed around two focus areas – a practice and outcomes assessment in Employment, Procurement, Philanthropy, and Governance.
A total of 57 companies participated including 32 Fortune 100 companies.
New 2019 participants include:
- American Airlines
- Boston Scientific Corporation
- Cisco Systems, Inc.
- Diageo North America
- Ericsson, Inc.
- Gilead Sciences, Inc.
- Goldman Sachs & Co.
- Tesla Inc.
- United Technologies Corporation
Key findings from the 2019 HACR CII include:
- Hispanics comprise an average of 16 percent of the total reported employee base for the 2019 HACR CII participants.
- On average, participants reported directing one (1) percent of total procurement spend to Hispanic-owned businesses.
- Nearly 90 percent of companies reported having metrics that assess the impact of their giving.
- Hispanics held just over eight (8) percent of board seats amongst the participating companies.
“We want to thank all the companies who participated in this year’s HACR Corporate Inclusion Index survey,” said Cid Wilson, president and CEO of HACR. “Your participation and transparency are critical to ensure the success of the HACR CII. By participating in our annual survey, you are not only demonstrating your commitment to Hispanic inclusion, you’re also making a major investment in growing your company inclusively. As Peter Drucker once said, “what gets measured gets done.”
“On behalf of the HACR board of directors, we congratulate all the companies that received a 5 star rating in each of HACR’s four pillars”, said HACR Board Chair, Mary Ann Gomez Orta. Your diversity and inclusion efforts not only make a significant impact on Hispanic inclusion in Corporate America but also provide an example for other companies to follow.”
“The data is moving in the right direction, but there is still work to be done,” said Dr. Lisette Garcia, HACR senior vice president, and chief operating officer. “The responsibility to do better is as much HACR’s as it is that of Corporate America. HACR will continue to work with those companies who are ready to make significant strides and improve their standing in the Hispanic community both within and outside their company. We encourage Fortune 500 companies who have never taken the HACR CII survey, to use this opportunity to evaluate their Hispanic diversity and inclusion.”
To access the 2019 HACR Corporate Inclusion Index report click here https://www.hacr.org/cii/.
Founded in 1986, the Hispanic Association on Corporate Responsibility (HACR) is the nation’s leading corporate advocacy organization representing 12 national Hispanic organizations in the United States and Puerto Rico. Its mission is to advance the inclusion of Hispanics in Corporate America in the areas of Employment, Procurement, Philanthropy, and Governance.