U.S. Headquarters: New York City
Global Employees: 27,000
U.S. Employees: 12,000
Last Year’s DiversityInc Top 50 Ranking: Not in DiversityInc Top 50
Why It’s on the List
The pharmaceutical/biotech company earns a spot on the list this year with revitalized resource groups and improving human-capital demographics.
The company has a diverse board of directors: Of its 12 members, two are women, one is Black and one is Asian.
Bristol-Myers Squibb has put a lot of emphasis in the last year on developing and utilizing its eight resource groups. This includes groups for women, Blacks, Latinos, Asians, people with disabilities, LGBT employees and veterans. There also is a group for Women in Science.
The groups are available to all employees, meet during the workday and are funded by the company. They are used for recruitment, talent development, mentoring and community outreach. Their success is measured by increasing membership, event attendance, link to the business, member surveys and sometimes by the candidates they recruit.
The company has also been improving its supplier-diversity efforts. Numbers are scrubbed and audited, and supplier-diversity success is communicated internally and externally. Procurement-management compensation is tied to supplier-diversity results. Supplier-diversity metrics are reported annually to the CEO and senior leadership.
“At Bristol-Myers Squibb, we celebrate diversity. We promote inclusion. And we do everything possible to maintain a work environment based on fairness and respect—one that offers every employee the opportunity to achieve success.”
Senior Vice President, Global Human Resources
“Breakthrough innovation depends on diversity of background and thought, as well as a work environment that fosters inclusion of all perspectives—where everyone’s voice is heard. Our strong commitment to diversity and inclusion is critical to delivering on our business strategy.”