Tag Archives: Fair360

Toyota Ranks 4th on Fair360’s Top 50 Companies

PLANO, Texas (May 14, 2024) — Fair360, previously DiversityInc, has named Toyota North America* considered one of its 2024 Top 50 Companies, rating fourth among the many 160 corporations taking part within the survey. Toyota has maintained its place for the third 12 months in a row and continues to be the one automotive producer ranked within the Top 10.

“Everyone at Toyota plays a role in creating an inclusive culture where people belong and can contribute to their fullest potential,” stated Tellis Bethel, chief range officer and group vice chairman of social innovation, Toyota Motor North America. “Representation from a variety of cultural backgrounds unlocks innovation, as well as opportunity for an equitable future. Together, we can create limitless possibilities for all.”

The Fair360 Top 50 survey has been the exterior validator for big U.S. employers that mannequin equity of their expertise methods, office and provider range practices and philanthropic engagement since 2001.

Fair360 rankings are empirically pushed, primarily based on company-submitted knowledge in six key areas: Leadership Accountability, Human Capital Diversity Metrics, Talent Programs, Workforce Practices, Supplier Diversity and Philanthropy.

Toyota additionally acquired particular recognition within the following areas:

  • No. 2 Top Company for Black Executives
  • No. 2 Top Company for LGBTQ Employees
  • No. 3 Top Company for Philanthropy
  • No. 4 Top Company for Environmental, Social & Governance
  • No. 5 Top Company for Asian American Executives
  • No. 5 Top Company for NAPI
  • No. 5 Top Company for Board of Directors
  • No. 6 Top Company for Latino Executives
  • No. 11 Top Company for Sponsorship
  • No. 14 Top Company for Supplier Fairness
  • No. 17 Top Company for Mentoring

Toyota workforce members helped the group obtain the motion as much as #3 for Philanthropy by means of file ranges of group involvement, financial and in-kind donations. In 2023, almost 50,000 volunteer hours have been logged with 995 organizations throughout the US by workforce members. This is a rise of almost 26% over the 12 months prior for volunteer hours and almost 13% enhance within the variety of organizations helped. This highlights the corporate tradition of prioritizing connections inside the group the place workforce members dwell and work.

For extra info on Toyota’s Diversity and Inclusion efforts please go to ToyotaEffect.com.

*Toyota Motor North America and Toyota Financial Services moved the Plano headquarters, the primary time in the identical location, in 2017 as a part of the OneToyota initiative. The transfer made for sooner resolution making and created a greater expertise for patrons and workforce members. Information from each corporations was collected and submitted to Fair360.

About Toyota
Toyota (NYSE:TM) has been part of the cultural cloth in North America for greater than 65 years, and is dedicated to advancing sustainable, next-generation mobility by means of our Toyota and Lexus manufacturers, plus our greater than 1,800 dealerships.

Toyota immediately employs greater than 63,000 individuals in North America who’ve contributed to the design, engineering, and meeting of almost 47 million automobiles and vehicles at our 12 manufacturing crops. By 2025, Toyota’s thirteenth plant in North Carolina will start to fabricate automotive batteries for electrified autos. With extra electrified autos on the highway than every other automaker, Toyota at the moment provides 28 electrified choices.

For extra details about Toyota, go to www.ToyotaNewsroom.com.

Social Innovation
To date, Toyota has contributed greater than $1 billion to American nonprofit teams. For extra details about Toyota’s contributions within the U.S., go to http://www.toyotaeffect.com/impact.

About Fair360
Fair360, previously generally known as DiversityInc, leverages comparative human capital knowledge to assist organizations develop truthful and inclusive workplaces using benchmarking and greatest practices. Its mission is to supply dedicated leaders with insights to drive an efficient workforce planning technique, guaranteeing fairness for all staff. Fair360 is a VA-certified and veteran-owned enterprise. It is licensed by Disability:IN as an organization owned by an individual with a incapacity. For extra info, go to the Fair360 web site, X (previously generally known as Twitter), Facebook and LinkedIn.

For extra details about the general mannequin with a Cronbach Alpha Reliability rating of .93, go to www.Fair360.com/Methodology.

Driving Positive Change: Toyota’s 2023 Social Innovate Highlights

The 12 months began sturdy with the discharge of the 2023 D+I Report, rating 4th in Fair360 (previously DiversityInc) and the first-time for each TMNA and TFS to be named to The Civic 50 listing in a mixed entry. Most notably, Tellis Bethel was named CDO within the spring and the Driving Possibilities initiative was launched in 4 new places.

Through all of the work in 2023, the Social Innovation applications centered on 4 key areas – Community, Culture, Workforce and Mobility. In May, the ToyotaEffect.com website was relaunched with content material particularly masking these classes as a useful resource for staff members, neighborhood companions and customers.

Here are some highlights from the previous 12 months:

Community Sustainability
Toyota’s dedication to neighborhood sustainability remained steadfast. Our Impact prolonged nationally by collaborations, scholarships, and hands-on contributions. In 2023, almost 50,000 volunteer hours have been supplied by staff members to greater than 995 nonprofit organizations. This is a rise of almost 4% within the variety of organizations from final 12 months.

Local Programs with Impact
The E3 Mentoring Program empowered college students on the West Dallas STEM School and Pinkston High School by instilling problem-solving and management abilities. Also in West Dallas, we labored with United Way of Metropolitan Dallas to complement the academic experiences of 36 West Dallas educators by DRIVE Grants.

The staff member-led Team IMPACT fulfilled greater than 1,500 needs for households in want by Community Partners of Dallas throughout the 2023 vacation, in addition to supplied mobility by the annual Bike Build. Also, throughout the vacation season, vendor companions with Toyota Lexus Minority Owners Dealer Association (TLMODA) served 33 communities throughout their annual Day of Service.

Programs with National Reach
Our staff members engaged with Boys & Girls Clubs of America (BGCA) in native communities throughout the U.S., and we additionally celebrated the 2023 BGCA National Youth of the Year. In all these methods, Toyota works to make sure native Clubs can present life-enhancing alternatives for teenagers and youths to discover, develop and apply the important abilities they should be profitable in life and work.

This 12 months we celebrated 30 years of the Toyota Production System Support Center (TSSC) empowering over 500 nonprofits to create impactful options. And in a landmark initiative, Toyota launched the Way Forward Fund, and has accomplished the primary two rounds of grants to organizations centered on strengthening entry to care and damage restoration assist for people and their households. The preliminary focus of the fund stays on kids with traumatic mind accidents.

Inclusive Culture
An inclusive office invitations all voices to contribute, to guide and to assist share the longer term. Without everybody, we’re not us.

Team Member Engagement
In 2023, Toyota Business Partnering Groups (BPGs) grew to 126 chapters nationwide and launched our 14th affinity, SAGE (Supporting Adaptive Generational Experience) which is dedicated to knowledge-sharing throughout generations and roles. We celebrated what makes every staff member distinctive by the expansion and achievements of BPGs throughout North America. From Spectrum wining “Employee Resource Group (ERG) of the Year,” a primary for Toyota, to TERRA, a BPG that focuses on environmental actions, forming a NAAC (North American Advisory Council) and internet hosting its first-ever symposium.

Members of African American Collaborative (AAC), Toyota Organization for the Development of Latinos (TODOS) and Toyota Asian American Society in Alliance (TAASiA) additionally had the chance for continued private progress by the McKinsey Management Accelerator Program.

Additionally, the ToyotAbility BPG organized the first-ever Disability Pride Month for Toyota in July to align with the group’s deal with elevating consciousness and creating alternatives for individuals with disabilities. Speakers and collaboration with nonprofit companions impressed staff members.

Toyota celebrated 5 years of Diversity and Inclusion (D+I) Month in 2023 with the continued theme of “Uniquely Toyota, Uniquely You” to supply alternatives for staff members to have a good time D+I. Programming included a deal with BPG membership with a digital panel/workshop and celebration. Three-time paralympic snowboarder and best-selling writer, Amy Purdy, shared how resilience, motivation, inspiration, and dedication are key drivers in creating limitless prospects.

Awards/Recognition
In 2023, Toyota was once more acknowledged for its dedication to a various and inclusive workforce. For the second 12 months in a row, Fair360 (previously DiversityInc) ranked Toyota Number 4 on its Top 50 Companies for Diversity. Notable specialty listing rankings included Number 1 Top Company for LGBTQ+ Employees and Number 1 Top Company for Talent Acquisition for Women of Color.

Toyota was additionally awarded the Hispanic Association on Corporate Responsibility (HACR) five-star ranking for a second 12 months working. In addition, Toyota was named an honoree of The Civic 50, marking the primary 12 months each Toyota Financial Services (TFS) and Toyota Motor North America (TMNA) collectively ranked in The Civic 50 as a unified submission.

For the sixteenth consecutive 12 months, Toyota North America acquired an ideal rating on the Human Rights Campaign (HRC) Corporate Equality Index (CEI). Also, Black Enterprise acknowledged Toyota in its listing of the Best Companies for Diversity, Equity & Inclusion in 2023, and for the second 12 months in a row Toyota Motor Corp. topped the Rainbow Coalition Automotive Diversity Scorecard.

Cultural Events & Programs
As Toyota strikes nearer towards its purpose of happiness for all, consistency in excessive scores such because the HRC CEI affords checkpoints alongside the way in which. It just isn’t the top of our story.

The annual HRC Workplace Equality Summit invited staff members and executives to a two-day digital convention of dialogue and academic classes to proceed evolving for an ever-more inclusive office for LGBTQ+ staff members.

To join with others additionally working in the direction of better fairness for staff, Toyota participated within the Ascend 2023 Annual Conference, which brings collectively Pan-Asian leaders who’re acknowledged for his or her skilled achievements in addition to the development of others of their industries or communities.

Toyota hosted the 8th Annual Board Leaders convening for the Latino Corporate Directors Association. As the biggest gathering of Latino enterprise leaders with the purpose to extend illustration of Latinos on boards of publicly traded and privately held firms.

In supporting the 2023 National Association of Minority Automobile Dealers (NAMAD) Conference, our assist for ethnic minorities in all points of the automotive trade stays sturdy. Dealers have centered on increasing the trainings on individuals with disabilities and connecting with their native communities in a significant method.

In 2023, Toyota once more ranked within the Top 25 for Supplier Diversity by Fair360, acknowledged for our dedication to various entrepreneurs throughout North America. Last November, we hosted the thirty fourth annual Opportunity Exchange occasion, welcoming over 1,000 individuals to have a good time and proceed constructing relationships and sharing greatest practices. Additionally, the National Minority Supplier Development Council (NMSDC) named Toyota a Corporation of the Year for the class of annual income of $100 billion to $150 billion.

Future Workforce Development
As the enterprise panorama continues to develop, a ready workforce is extra essential than ever. To assist educate college students whereas nurturing an inclusive setting, Toyota has leveraged a number of applications over the course of the 12 months, demonstrating the vary of prospects for staff in any respect phases of their profession.

To encourage and encourage youth for the careers of tomorrow, the Toyota USA Foundation’s STEM training initiative, Driving Possibilities, expanded in 2023, launching websites in 4 further operational communities: Alabama, Indiana, Kentucky, and Michigan. In addition to trainer growth alternatives in every college district, websites will have interaction with native companions to assist every neighborhood in particular methods, together with transportation, literacy, and primary wants assist.

Scholarships Ease Career Pathways
In partnership with the Society of Hispanic Professional Engineers (SHPE), the Nunca Paras program awarded three college students with a $25,000 scholarship every. The students celebrated at a ceremony held at Toyota’s North American headquarters in Plano, Texas.

Also in 2023, by the Toyota Scholars Program, 100 scholarships have been awarded to college students affiliated with choose nonprofit companions. Since its inception in 2007, this system has awarded over $12 million in scholarships to greater than 2,600 college students. Each pupil who earns this award receives between $5,000 and $20,000 for 4 years.

Other scholarships have been awarded by: Marine Corps Scholarship Foundation, Rainbow PUSH Scholars, APIA Scholars, and Point Foundation. Toyota awarded scholarships to college students in larger training.

Grants Inspire Communities
In 2023, the primary cohort of non-profits and grassroots organizations have been awarded $10,000 to proceed to gas their ongoing native work and impression. The nationwide initiative, launched within the fall of 2022, was conceived to assist assist and uplift non-profit organizations and leaders throughout the nation, whose typically unsung work is effecting constructive change within the communities Toyota serves.

And lastly, to expertise first-hand the enjoyment of studying and the joy ignited within the younger by training and publicity to prospects, Tellis Bethel, group vice chairman, Social Innovation, and chief range officer, TMNA, served as Principal for a Day on the West Dallas STEM School, the primary website for Driving Possibilities and the pilot program that’s knowledgeable the applications now rolling out at different places.

Mobility Solutions
Mobility helps enhance entry to jobs, training and entry to essential items and providers.

Social Mobility
The potential to maneuver can create financial potential for communities by key connections. Two particular communities the place this was evident 12 months embrace, San Antonio, Texas by the VIA Link and Putnam County, West Virginia by three native companions. Working with native organizations to assist bridge the final mile or improve choices helps college students entry extra academic alternatives and supplies senior residents extra independence.

Even the youngest passengers have been in a position to journey in security this 12 months by the continued work with Buckle Up for Life. From educating over 17,000 kids, teenagers and adults on baby passenger security and offering almost 8,000 automobile seats, to partnering with three-time gold medal Paralympic athlete Alana Nichols for a PSA campaign, the attention of kid passenger security grew in 2023.

Sustainable Cities of Tomorrow
This 12 months, the Mobility Foundation launched the Sustainable Cities Challenge to drive secure and inclusive change in cities across the globe. The 10 shortlisted cities have been introduced in November, they usually attended a workshop with Toyota leaders to start pondering by options to the distinctive wants of every of their communities.

Woman utilizing her smartphone utility to learn about public transport schedule

Looking again in any respect the methods Toyota made an impression in North America, none of it will be attainable with out the assist of Toyota’s staff members, sellers, and prospects.