Bank of America is among a handful of companies that have ranked in the DiversityInc Top 50 each year. The company has a blend of CEO commitment, diversity-management initiatives and philanthropic efforts. CEO Brian T. Moynihan personally reviews and signs off on diversity metrics, chairs the diversity council and meets with the company’s resource groups every quarter.

Among the company’s diversity-management initiatives are its cross-cultural mentoring programs, which are available to all managers. The programs have measurable goals to assess success and have formal follow-up. Its 11 resource groups are company-wide, available to all workers, and a senior executive is a member of each. The groups are used for a number of employee-engagement strategies, such as identifying and nurturing management talent and in the on-boarding process of new employees.

The company continues to be a leader in work/life benefits. It has a comprehensive adoption- assistance program, offering reimbursement of up to $8,000 per adopted child. The program also offers up to 12 weeks parental leave, 100 percent paid time off.

Forty-six percent of Bank of America’s philanthropic efforts were directed to multicultural nonprofit groups. Its CEO also serves on the council of the National Museum of African American History and Culture.

U.S. Headquarters: Charlotte, N.C.

Global Employees: 282,000

U.S. Employees: 240,000

Last Year’s DiversityInc Top 50 Ranking: No. 11