WHY THEY’RE ON THE LIST
Supplier Diversity: 40.6% higher than the Top 10 and 33% higher than the Top 50 on prime suppliers who are women owned
Blacks, Latinos and Asians in Senior Leadership: 5% higher than the Top 10, 28% higher than the Top 50 and 48% higher than U.S. companies overall
CEO Sign-Off on Executive Pay Tied to Diversity: 11% higher than the Top 10 and 22% higher than the Top 50
Toyota Motor North America believes that in order to best serve its customers and keep communities strong, Toyota’s workforce, dealers and suppliers should reflect the diverse world in which we all live.
CEO Jim Lentz has a commitment to diversity initiatives including personally reviewing and signing off on executive compensation tied to diversity, as well as goals and achievements for supplier diversity. Lentz ensures the corporate vision statement incorporates diversity as a strategic business goal.
Under the leadership of Chief Social Innovation Officer Latondra Newton, Toyota Motor North America is focused on recruiting and developing talent with diverse thinking, ideas and experiences, working closely with human resources. This includes expanding its diversity management best practices, enhancing the candidate experience and creating talent ambassadors.
Through its Diversity Advisory Board, the company engages the expertise of outside advisors to ensure the company is nurturing a culture of inclusion and diversity.
“Diversity and inclusion are long-standing priorities for Toyota, grounded in our core value of respect for people. Besides being the right thing to do, diversity and inclusion deliver critical business benefits. As we transform our company from a car company to a mobility company, we know that a diverse workforce and inclusive culture are critical to our success, today and into the future.”
Chief Social Innovation Officer
“Toyota is focused, today more than ever, on bringing diverse ideas and people together to inspire mobility solutions for a better world helping the communities where we live and work, while strengthening our business at the same time.”
U.S. HEADQUARTERS:New York, N.Y.
Last Year’s DiversityInc Top 50 Ranking No. 36