Commission on Economic Inclusion Hall of Fame
The Commission on Economic Inclusion Hall of Fame is composed of Commission-member companies that have consistently demonstrated their commitment to workplace diversity and inclusion and have been multi-year winners of our Best-in-Class awards.
Class of 2012
KeyCorp
Supplier Diversity: For profit
Key views diversity as a way to win in the marketplace. This includes expanding its relationships with diverse suppliers. As a three-time winner (2007, 2008, and 2011) as for-profit/ best-in-class, Key is committed to supplier diversity through business strategy and community access.
It supports diverse business enterprises, and its Supplier Diversity team in the Community Development Banking group provides accountability.
By “expanding mutually beneficial business relationships with minority and women-owned suppliers,” Key is able “to deliver exceptional accounts and services to our clients. (We) also build the economic wealth of the communities we serve by providing open opportunities and fair competition.”
In addition, Key “strongly encourages” majority suppliers to share in its business strategy of utilizing minority- and women-owned businesses. And, in national rankings, Key has been named as a 2012 Top 10 Company for Supplier Diversity by DiversityInc.
Class of 2011
Board Diversity: Nonprofit/government
Founded in 1945, Kaiser Permanente is one of the nation’s largest not-for-profit health plans. It is a four-time Best-in-Class winner (2006-2009) in this category, which reflects its organization-wide strategy that permeates each functional area and is communicated to patients, employees, Board members and the public. Commenting on the 2009 award, Patricia D. Kennedy-Scott, president of Kaiser Foundation Health Plan of Ohio, said: “Ensuring that our leaders and decision makers incorporate a wide range of perspectives, opinions and experiences enables Kaiser to successfully drive culturally competent medical care to our increasing diverse membership.”
Board Diversity: For profit
KeyCorp is five-time winner (2004-2005, 2007-2009) as best-in-class in this category because the company has continued to refine and apply its effective Board recruitment strategies. As the global economy diversifies, Key has realized that diversity in the boardroom leads to greater creativity, more vigorous deliberation, and more integrity of process. Chairman and CEO Henry L. Meyer III said of the organization’s 2009 award: “Diversity and inclusion are now embedded in our overall strategy and evidenced at the Board of Directors level, and also in our workplace, supplier base, and community outreach efforts. “
Senior Management Diversity: For profit
Eaton Corporation, a global technology leader in diversified power management solutions, is a four-time winner (2004, 2007-2009) of the Commission’s Best-in-Class Award in this category. Eaton’s systematic approach to managing diversity and inclusion has had a tremendously positive effect on the company’s performance. In acknowledging the 2009 award, Chairman and CEO Alexander M. (Sandy) Cutler said: “We value inclusion because employees who bring with them a broad spectrum of skills, ideas, experience and background are crucial to our global success.” Mr. Cutler and retired Congressman Louis Stokes are the Commission’s founding co-chairs.
Workforce Diversity: For profit
As a four-year Best-in-Class honoree (2006-2009) in this category, Time Warner Cable of Northeast Ohio (TWC) has continued to demonstrate its commitment to diversity through its employment policies and practices and its community involvement. TWC management has noted that diversity and inclusion are a “commitment and an attitude impacting the way we involve, understand and meet the needs of our employees, customers and communities. An open environment blends the experiences, cultures, influences, languages and perspectives of our employees and customers into everyday business practices. It is the framework that helps us compete in today’s multicultural marketplace.”