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NEW sponsors named ‘Best Companies for Diversity’

Friday, July 13, 2012  
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Network of Executive Women Foundation sponsors The Coca-Cola Company, PepsiCo Inc. and Wal-Mart Inc.; platinum sponsor General Mills Inc.; title sponsor Kellogg Company; and gold sponsor American Express Co. have been named to Black Enterprise magazine’s 2012 list of "40 Best Companies for Diversity.”

"As may be expected, those corporations with the largest minority procurement spend can be found on our list of the 40 Best Companies for Diversity,” according to the magazine, which also considered expansion of senior management, composition of corporate directors and employee recruitment and retention.

"At PepsiCo, we view diversity and inclusion as competitive business advantage that fuels innovation, strengthens our reputation and fosters engagement,” said Pamela Culpepper, senior vice president, global diversity and inclusion officer. "Respecting others and succeeding together are ideas fundamental to how we operate every day and strive to grow as a globally minded, multicultural company.”

Kellogg Company makes a point to emphasize inclusion along with diversity, noted President and CEO John Bryant. "Promoting diversity helps us to be more in tune with the diverse needs of our consumers. Emphasizing inclusion creates an environment where all feel welcomed and valued – and that's important not only at Kellogg, but in the communities where we live and work as well.”

Kellogg recently announced its 13th consecutive year of growth in its U.S. supplier diversity program, surpassing the$350 millionmark, and has experienced a nearly sixfold increase in spending in the last 10 years. The program also helps to support local communities by working with more than 200 companies owned by women, people of color and veterans with disabilities.

"We're working to build a stronger Kellogg by fostering an inclusive culture that leverages diversity as a competitive advantage,” said Mark King, Kellogg’s chief diversity officer. "Along with our supplier diversity initiatives, we've also made significant strides in reaching that objective by embedding diversity and inclusion throughout all levels of our organization.”

Black Enterprise editors and B.E. Research sent surveys to the top 1,000 publicly traded companies, plus the 100 leading global companies with strong U.S. operations. The survey focused on activities related to the participation of African Americans and members of other ethnic minority groups. Information provided by companies on diversity efforts on behalf of other groups, including women; gays, lesbians, bisexuals, transgender; the disabled; and veterans, was used as a secondary, supporting criterion for inclusion on the list.

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