Ernst & Young LLP ranks No. 3 among DiversityInc’s Top 50 Companies for Diversity, celebrating six straight years in the Top 10
New York, 23 April 2014
Firm also ranks No. 1 on specialty lists for diversity councils and people with disabilities
Ernst & Young LLP was named No. 3 on The 2014 DiversityInc Top 50 Companies for Diversity list yesterday evening, building upon the momentum of its 2013 No. 4 ranking. The firm earned its place in the top 10 for the sixth consecutive year and in the top 50 for the 11th time, further validating its strong and sustained commitment to diversity and inclusiveness. According to DiversityInc, more than 1,000 organizations responded to its survey to inform its list, marking the highest participation to date.
“Diversity and inclusiveness are cultural — and commercial — imperatives that help differentiate EY in today's global marketplace,” said Stephen R. Howe, Jr., EY Americas Managing Partner and Managing Partner of Ernst & Young LLP. “Our clients come to us with incredibly complex challenges. We address them by bringing together our teams’ many different skills and perspectives to transform individual talents into collectively powerful solutions.”
DiversityInc CEO Luke Visconti said the following in recognition of the global EY organization: “In the top 10 for the last five years, EY becomes the top-rated professional-services organization. EY’s remarkable effort to implement and communicate diversity-management initiatives in the Americas is led by EY Americas Managing Partner Steve Howe and EY Americas Inclusiveness Officer Karyn Twaronite. Progress has been significant each year.”
DiversityInc also announced a number of specialty lists, with Ernst & Young LLP ranking as follows:
- No. 1 Company for Diversity Councils
- No. 1 Company for People With Disabilities
- No. 4 Company for Global Diversity
- No. 4 Company for Supplier Diversity
- No. 5 Company for Mentoring
- No. 6 Company for LGBT Employees
Karyn Twaronite, EY Americas Inclusiveness Officer and a partner of Ernst & Young LLP, added: “We’ve long known that diversity and inclusiveness create a competitive edge. EY’s research consistently shows that when our people feel valued for their unique talents and insights, together we create the highest performing teams that deliver exceptional quality and client service. Differences present opportunities. Inclusiveness drives results.”
Leaders share insights at Top 50 events
The 2014 rankings were released at the DiversityInc Top 50 Announcement Event in New York City on April 22, which convened more than 750 business leaders. Prior to the announcement dinner, two EY leaders spoke at the Best Practices Conference, with EY Global Chairman and CEO Mark Weinberger delivering the first keynote of the day addressing “The Power of Diversity in a Global Economy.”
Later that morning, Jeffery Perry, EY Global Capital Transformation Operational Leader, Transaction Advisory Services, led a session on “How to Develop a Future Workforce,” offering his perspectives as Chairman of the Board and as an EY executive sponsor for INROADS, an organization with a mission to develop and place talented minority youth in business and industry and prepare them for corporate and community leadership. Perry’s Ieadership story was featured in the Winter 2014 issue of DiversityInc magazine.
Global CEO clearly communicates his commitment to D&I
In addition to his role at the conference, Weinberger recently spoke with Visconti about how diversity and inclusiveness are central to EY’s Vision 2020 business strategy and the success of its high-performing teams. He said, “The real differentiator for us has been saying, ‘This is not an initiative.’ A high-performance team has to be diverse and inclusive….this is the heart of EY’s strategy. It is part of our business and it’s built throughout our business.”
Additionally, Weinberger spoke with Visconti about the new global diversity and inclusiveness roadmap EY recently created to guide people in building diverse and inclusive teams and to hold them accountable. He also addressed other actions EY has taken to set the tone from the top that diversity and inclusiveness are business imperatives, such as: further diversifying EY’s Global Executive board; studying the performance of 22,000 EY assurance account teams, ultimately revealing that gender-balanced teams deliver better results from both a financial and quality standpoint; and ensuring that diversity and inclusiveness are represented among the six metrics EY uses to measure the performance of the 10,000 partners of its member firms around the world.
Read more and watch the videos from Weinberger’s interview with Visconti on DiversityInc.com.
About the DiversityInc Top 50 Companies for Diversity list
The rankings are determined by an objective methodology that calculates factors such as talent pipeline, equitable talent development (including commitments to mentorship and philanthropy), CEO/leadership commitment, and supplier diversity. The empirical data for the rankings is provided by a 300-question survey filled out by personnel at the participating organizations. Survey participation is open to any organization with at least 1,000 U.S. workers. For the entire Top 50 list, go to http://www.diversityinc.com/top50.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.
DiversityInc’s mission is to bring education and clarity to the business benefits of diversity. The DiversityInc Top 50 Companies for Diversity list began in 2001, at the same time many corporations were beginning to understand the business value of diversity-management initiatives. The 2014 Top 50 Companies for Diversity results are featured on DiversityInc.com and in DiversityInc magazine. For more information, log on to www.diversityinc.com, https://www.facebook.com/DiversityInc, https://twitter.com/DiversityInc, or http://www.linkedin.com/company/26561.