Companies in Action
CVS is recognized as a top company for prioritizing diversity and inclusion throughout its workforce and supply chain. CVS sets an example for how companies can support people with disabilities through CVS's Abilities in Abundance Program. As just one part of a comprehensive diversity strategy, this program offers workplace development opportunities and training for people with disabilities. Through the operation of eight mock pharmacies, CVS provides hands-on training and mentorship that positions people for employment inside and outside of the company. CVS’s diversity and inclusion efforts go beyond its direct operations to include its supply chain. For example, CVS's Supplier Diversity Program seeks to intentionally source from small and minority-owned businesses. CVS highlights that the program is not only a part of its diversity strategy, it also helps fuel economic growth in the communities in which the company operates, ultimately providing more disposable income for customers. In 2019 alone, CVS’s engagement through its supplier diversity program was linked to 35,746 jobs and the contribution of $5.6 billion to the U.S. economy.
Dell launches ambitious 2030 diversity and inclusion goals as part of its broader social impact strategy. As part of the company’s 2030 Social Impact Goals, Dell shared concrete commitments to further integrate diversity and inclusion expectations throughout the company. Among the targets, the company pledged that by 2030, 40% of global leadership positions will be held by women and 25% of its U.S. workforce will be Black/African American or Hispanic/Latino. While setting targets is a necessary tactic, establishing robust training and empowering employees is critical to driving change and ensuring that commitments are upheld and embedded throughout the company. To this end, Dell is committed to having 95% of its employees participate in annual training on topics such as implicit bias, harassment, microaggression and privilege. Similarly, 50% of employees will participate in employee resource groups to drive social impact.
Intel meets diversity and inclusion targets ahead of schedule and continues to invest in an inclusive workforce beyond its own operations. Bolstered by a strong business case, Intel continues to prioritize and invest in diversity and inclusion within its own operations and beyond. In its 2018/19 sustainability report, Intel announced that it had achieved full representation of women and underrepresented minorities in its U.S. workforce two years ahead of schedule, along with achieving gender pay equity globally. Going beyond hiring and retention, Intel is on track to achieve its goal of increasing annual spending in diverse-owned suppliers to $1 billion by 2020. The company is also focused on building a more diverse technology industry through direct investment in diverse tech entrepreneurs, having already surpassed its $125 million goal ahead of schedule.
Marriott International’s commitment to diversity and inclusion comes from the top. Leading companies are turning to robust accountability and incentive mechanisms to deepen diversity and inclusion efforts and rally corporate leaders to own the progress. To foster accountability at the highest levels, Marriott International’s President & CEO Arne Sorenson chairs Marriott's Global Diversity and Inclusion Council along with the entire C-suite. For executives, diversity and inclusion goals are included in their annual management business objectives and compensation plans, along with having specific performance metrics that are regularly discussed in board and senior leadership meetings. At the board level, the company’s Committee for Excellence reviews Marriott’s diversity and inclusion progress and goals and engages with management regularly on these topics. With specific goals for each diversity aspect, the board tracks progress through a diversity excellence scorecard. Among the results, Marriott has been featured for its work fostering women representation in leadership positions and ongoing investments to empower diverse suppliers.