No. 34 | Toyota Motor North America | DiversityInc Top 50

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WHY THEY'RE ON THE LIST

KEY RESULTS

  • Blacks, Latinos, and Asians on Board of Directors: More than double that of the Top 10 and Top 50
  • Blacks, Latinos, and Asians in Senior Leadership: 25.8% more than the Top 50
  • Supplier Diversity: Spent 32.1% more of total procurement with tier-1 minority-owned suppliers than the Top 50

BEST PRACTICES

Toyota Motor North America has a top-down commitment to its diversity and inclusion goals. CEO Jim Lentz serves as co-chair of the company’s Executive Diversity & Inclusion Council (EDIC), the governing body for the “Going Places Together” D&I Strategy. The EDIC, composed of senior level executives from all sides of the company, provides strategic guidance and serves as the accountability arm for D&I. And Chris Reynolds, the company’s newly appointed chief diversity officer, presents to the Board of Directors on an annual basis.

Toyota has also made strides when it comes to talent acquisition. In 2016 the company rolled out an Ambassador Program, which offers end-to-end support for diverse candidates by partnering with local and national organizations and providing resources and connections to identify and retain diverse candidates. Additionally, all of Toyota’s executive leaders have received an unconscious bias training, and the training is also required for all managers who interview job candidates.

DIVERSITY LEADERSHIP

Jim Lentz

CEO

“At Toyota, we’re working toward a future of mobility to improve the quality of life for everyone. But, to meet the needs of our customers, team members, dealers, suppliers and society, D&I plays a critical role in everything we do. And, our D&I values help us to meet expectations and remain competitive.”

Chris Reynolds

Chief Diversity Officer

“Our commitment to D&I is grounded in our guiding principles: continuous improvement and respect for people. Diversity and inclusion are in our DNA. Each day presents us with new opportunities to practice our values and live out our commitment with suppliers, dealers, partners, customers, and colleagues.”

COMPANY FACTS

TM (NYSE)

U.S. Headquarters: Plano, Texas

Global Employees: 338,875

Last Year’s DiversityInc Top 50 Ranking • No. 34