U.S. Headquarters: New York City
U.S. Employees: 29,569
Last Year’s DiversityInc Top 50 Ranking: 41
Why It’s on the List
Toyota continued its investment in D&I with a strong showing last year. There has been considerable progress. The formal mentoring program has doubled in size, with more than 1,000 employees now being mentored by more than 600 leaders. Mentoring relationships are between six months and one year.
Membership in resource groups has almost doubled, and the percentage of employees who are members of more than one group rose dramatically. This year, Toyota also added a group for employees with disabilities and their allies.
Toyota’s efforts at connecting with its employees will be highlighted Oct. 16 when the company receives DiversityInc’s award as Top Company for Employee Engagement, the first time we have given this particular award.
Despite a reduction in gross annual revenue, Toyota increased its percentage of charitable donations going to multicultural organizations by 24 percent, so that more than 40 percent of its philanthropy supports racial/ethnic, LGBT or disability nonprofits.
The company’s external Diversity Advisory Board, headed by former Labor Secretary Alexis Herman, continues to move the needle on setting metrics and goals.
Other DiversityInc Lists
- No. 8 The DiversityInc Top 10 Companies for LGBT Employees
Chief Executive Officer, North America Region, Toyota Motor Corporation and
President and Chief Operating Officer, Toyota Motor North America
“At Toyota, we believe inclusiveness and diversity is essential to our business and acts as a strong catalyst to drive our success.”
Senior Vice President and Chief Diversity Officer
“Toyota’s commitment to diversity is part of every area of our business—from our operations to our workforce to our products—and is a direct result of our respect for our customers, business partners, communities and employees. “