No. 18 | U.S. Bank
Andy CecereChairman, President and CEO, U.S. Bancorp
“Diversity makes our business better. It helps people feel valued, and it helps us understand and reach the wide array of customers we serve. We focus on diversity, equity and inclusion because it’s the right thing to do. It’s core to who we are, and it allows us to achieve our full potential as an organization.”
Greg CunninghamExecutive Vice President and Chief Diversity Officer, U.S. Bank
“I have never had greater clarity of my role. Our purpose as an organization is to power human potential. My job, quite simply, is to make sure that holds true for everybody.”
From The Company
U.S. Bank is humbled to once again be part of DiversityInc’s Top 50 Companies for Diversity list.
Our employees, from our board to our front line, know that fostering inclusion, promoting equity and celebrating diversity is both the right thing to do and a business imperative.
Our approach to diversity, equity and inclusion is unique, because we look at how DEI benefits all our stakeholders and operationalize it through every area of our company, including our workplace initiatives, marketing strategies, community involvement and supplier diversity program.
In February 2020, we launched U.S. Bank Access Commitment, a long-term approach bringing the strengths of U.S. Bancorp Community Development Corporation (USBCDC), corporate social responsibility and its business lines, to help build wealth while redefining how we serve diverse communities and provide more opportunities for diverse employees.
U.S. Bank Access Commitment focuses on three primary areas: supporting businesses owned by people of color; helping individuals and communities of color advance economically; and enhancing career opportunities for employees and prospective employees. The ongoing work — which will include projects from across our diverse portfolio of businesses — builds on the $116 million commitment we made in 2020, including increased supplier spend, innovative products and services, transformative customer experiences and long-term place-based partnerships, with the goal of addressing the persistent racial wealth gap, starting with the Black community.
A cornerstone of our strategy is 110 local and virtual chapters of our best-in-class Business Resource Groups, through employees who provide business insights, get development opportunities and make volunteer connections. In addition, through targeted advancement programs, we make change at the system, manager and individual levels of our organization to ensure equitable representation at all leadership levels.
U.S. Headquarters: Minneapolis, MN
Global Employees: 70,000
2020 DiversityInc Top 50 Ranking: No. 40
Official Company Socials
Other DiversityInc Lists
No. 14, Top Companies for LGBTQ
No. 4, Top Companies for Philanthropy
No. 14, Top Companies for Board of Directors
No. 8, Top Companies for Latino Executives
No. 15, Top Companies for Black Executives
No. 9, Top Companies for Native American/Pacific Islander (NAPI)
Among the Top Companies for Environmental, Social & Governance (ESG)