'DiversityInc' Names Xerox among Top 50 Companies for Diversity.Business Editors/Publishing Writers STAMFORD, Conn.--(BUSINESS WIRE)--April 16, 2003 In recognition of its commitment to diversity and to fostering an inclusive corporate culture, Xerox Corporation (company) XEROX Corporation - http://xerox.com/. See also XEROX PARC, XEROX Network Services. (NYSE NYSE See: New York Stock Exchange : XRX XRX Xerox Corporation (stock symbol) ) has been ranked No. 10 among the "Top 50 Companies for Diversity," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a study by DiversityInc magazine. For the magazine's third annual list, companies were evaluated on survey criteria such as the gender, race and ethnicity of employees and executives, commitment to multicultural advertising and communication, how much was spent with minority suppliers and on philanthropy philanthropy, the spirit of active goodwill toward others as demonstrated in efforts to promote their welfare. The term is often used interchangeably with charity. , and benefits such as domestic-partner benefits and work-life programs. In addition, companies were evaluated by a 10-member panel of independent diversity experts and by a subscriber poll. The results, announced at www.DiversityInc.com, will appear in the June/July issue of DiversityInc, a premier business publication on the business benefits of diversity. "We are proud to include Xerox among our Top 50 Companies for Diversity," said Luke Visconti, partner/co-founder, DiversityInc. "We are gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that in its third year, the DiversityInc list has become the standard for top companies to assess where they rank in comparison with the best and more importantly, what they need to do to match the highest level of excellence." Xerox has a comprehensive set of diversity programs to support its goals, including balanced work force initiatives, minority and women supplier programs, employee caucus caucus: see convention. groups, minority scholarship programs and other activities. For example, via the minority/women supplier program, Xerox has purchased more than $4.1 billion in goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. nationwide since the program's inception in 1985. "Xerox began supporting diversity initiatives, both internally and externally, long before it was popular to do so," said Philip Harlow, Xerox chief diversity and employee advocacy officer. "From our people to our practices, we've developed a corporate culture and business approach that encourages and rewards inclusion, and we have reaped innumerable benefits." Xerox's leadership role in diversity has consistently been recognized by external organizations over the years. Last year, Xerox ranked No. 23 on the DiversityInc Top 50 list and No. 14 on Fortune's list of America's "50 Best Companies for Minorities." Among recent acknowledgements, the company was named to Careers & the disABLED Magazine's "Top 50 Companies" list; Hispanic Magazine's "Top 100 Companies Providing the Most Opportunities for Hispanics"; and Div2000.com's annual "Div50" list of "America's Top Organizations for Multicultural Business Opportunities." NOTE TO EDITORS: For more information about Xerox, visit www.xerox.com/news. XEROX(R), The Document Company(R) and the digital X(R) are trademarks of XEROX CORPORATION. |
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