KeyBank Named to 2015 DiversityInc Top 50 Companies for Diversity List
KeyBank Also Honored on Top 10 Companies for Diversity Councils List
CLEVELAND, Ohio, May 8, 2015 /3BL Media/ – KeyBank announced today that the company was named to the DiversityInc Top 50 Companies for Diversity list, ranking #49, and the Top 10 Companies for Diversity Councils list, ranking #5, for the second consecutive year. Of the more than 1,600 companies nationwide that participated in DiversityInc's annual benchmarking survey on diversity practices, KeyBank finished in the top three percent.
"We are extremely proud to be included in DiversityInc's annual lists for the second year in a row," says Poppie Parish, senior vice president of the Diversity & Inclusion segment at KeyBank. "DiversityInc sets the gold standard for workplace diversity, and their consistent recognition of KeyBank since 2005 is proof that a commitment to diversity and inclusion is embedded in the corporate fabric of our organization."
DiversityInc Top 50 companies have significantly more diversity than average American corporations. Compared with statistics from the U.S. Equal Employment Opportunity Commission, Top 50 companies have 20 percent more Blacks, Latinos and Asians in management, as well as 13 percent more women. In the Top 10, the contrast is even sharper, with 41 percent more Blacks, Latinos and Asians, as well as 46 percent more women than the U.S. corporate average.
KeyBank's inclusion on the 2015 Top 50 and the Diversity Council lists demonstrates the bank's continued dedication to providing employees with an inclusive environment on a daily basis. The bank's Diversity and Inclusion Council is chaired by Chief Executive Officer Beth Mooney and is comprised of top leaders across the company, leaders from the bank's employee resources groups, and partners in human resources. All members are committed to driving change and building a more diverse employee base, starting at the top.
“With more than 1,000 companies participating, the competition for a spot on the DiversityInc Top 50 and Specialty Lists was up over 30 percent this year,” says DiversityInc founder and chief executive officer Luke Visconti. “Companies are recognizing the importance of diversity for corporate reputation, which directly affects millennial-generation recruiting and retention. And whether you’re talking about Silicon Valley, Ferguson or Indiana, there’s no denying that stories about how far we still need to come regarding diversity have been dominating the headlines in 2015.”
Any company with more than 1,000 U.S.-based employees is eligible to enter, and there is no cost to compete. Each company’s rank is based on objective analysis of 183 separate factors based on data from a 300-question survey. The four equally weighted areas of measurement include Talent Pipeline, Equitable Talent Development, CEO/Leadership Commitment, and Supplier Diversity.
For the entire 2015 Top 50 list and more information regarding the specialty lists, visit http://www.diversityinc.com/top50 or follow the conversation online with the hashtag #DITop50.
KeyCorp was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key had assets of approximately $94.2 billion at March 31, 2014.
Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 12 states under the name KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.
DiversityInc’s mission is to bring education and clarity to the business benefits of diversity. The DiversityInc Top 50 Companies for Diversity list began in 2001, at the same time many corporations were beginning to understand the business value of diversity-management initiatives. The 2015 Top 50 Companies for Diversity results are featured on DiversityInc.com and in DiversityInc magazine. For more information, log on to www.diversityinc.com, https://www.facebook.com/DiversityInc, https://twitter.com/DiversityInc or http://www.linkedin.com/company/26561.