For the sixth consecutive year, Toyota’s dedication to diversity has been honored by Black Enterprise—the team behind the prestigious Black Enterprise magazine—which has again named the automaker to its 2011 roster of 40 Best Companies for Diversity. Toyota Dealership Chicago said that this year, Toyota earned its spot on the annual list specifically for its achievements in the area of supplier diversity.
“The companies selected for distinction in this list not only demonstrated a commitment to diversity, but viewed it as a business imperative,” said Sonia Alleyne, Black Enterprise Careers & Lifestyle editorial director. “The strength of Toyota’s network of minority suppliers enables the company to be even more competitive on a global scale.”
This latest recognition is further proof positive that Toyota’s “21st Century Diversity Strategy” is paying dividends for both the company and its team members. According to Portland Used Cars, the program was launched in 2001 to set tangible diversity targets and is supported by a seven-member external advisory board helmed by Alexis Herman, former U.S. Secretary of Labor. Since Toyota implemented this effort, the company has more than doubled its spending with diverse suppliers and seen the number of people of color in its workforce grow to nearly 30 percent.
In addition, Toyota Boston pointed out that Toyota has been lauded for its diversity efforts by a wide range of other third parties:
- The automaker has been included among DiversityInc.’s Top 50 Companies for Diversity and the Human Rights Campaign’s Best Places to Work Corporate Equality Index for the past five and four years, respectively.
- In recognition of its spending more than $1 billion annually with certified ethnic- and women-owned suppliers, Toyota was inducted into the Billion Dollar Roundtable.
- It has also received both the Corporation of the Year award from the National Minority Supplier Development Council as well as the Distinguished Supplier Diversity Award from the Minority Business Development Agency.
“At Toyota, diversity and inclusion have always been among our top priorities, and we are honored to be recognized by Black Enterprise,” said Dian Ogilvie, senior vice president and chief diversity officer at Toyota Motor North America. “We believe constant growth towards a more inclusive environment is imperative not only in developing and retaining a talented workforce, but in fostering a corporate environment that mirrors the communities in which we do business. As we remain committed to continuously improving, we will work closely with our senior managers and Diversity Advisory Board to enhance our efforts even further.”