Also:

• No. 4 in The DiversityInc Top 10 Companies for Latinos

Colgate-Palmolive is a class act in one of the most competitive industries in the DiversityInc Top 50. The company’s commitment starts at the top. Chairman, President and CEO Ian Cook holds his leaders accountable by signing off on executive compensation tied to diversity and ensuring diversity goals are part of executive performance reviews. He leads the diversity council and meets with resource groups both in small-group settings with their leaders and by attending group functions.

Diversity is tied to management-performance goals, which include retention/engagement in the executives’ areas of responsibility across racial/ethnic and gender demographics and participation in the Managing With Respect Principles.

Eugene Kelly, worldwide director of global diversity and inclusion, leads the diversity initiatives at the consumer-products company, which has placed in the DiversityInc Top 50 for the fourth consecutive year and in the top 10 for the second year in a row.

Kelly recently demonstrated at DiversityInc’s Innovation Fest! the successful methods Colgate-Palmolive uses in its Global Innovation Fund to create new ideas to better understand its global and multicultural marketplace. The company has funded more than 400 products, which have helped the business in multiple ways. Innovations include new products and line extensions, consumer insights and new research methodologies, packaging, manufacturing and process improvements, communication tools and training, and safety/quality improvements. Watch the video of his presentation here.

Colgate-Palmolive offers excellent work/life benefits, including paid paternity leave, retirement transition, flexible hours, onsite fitness facilities, and health and wellness services, including screenings, seminars and Weight Watchers at Work.

The company has strong resource groups, which it uses for recruitment, on-boarding, talent development, mentoring, diversity training, marketplace connections, and innovative solutions.

Colgate-Palmolive has a long history of community philanthropy, with 1 percent of its gross revenue spent on philanthropy and 80 percent of that aimed at multicultural nonprofits, including the UNCF, National Hispanic Corporate Achievers, and Minority University Pledge. In addition, 25 percent of the executives in the top two levels of the company sit on the boards of multicultural nonprofits.

U.S. Headquarters: New York

Global Employees: 39,200

U.S. Employees: 5,138

Last Year’s DiversityInc Top 50 Ranking: No. 10