(ATLANTA, April 24, 2015 ) — For the 10th year, Cox Communications is included in DiversityInc’s Top 50 Companies for Diversity list.
Cox moved to #17 from its #18 ranking in 2014. The company also ranked #9 on DiversityInc’s Top 10 Companies for Diversity Councils. Cox has ranked among DiversityInc’s Top 50 Companies for Diversity ten times, including the last nine years.
“Cox Communications’ diversity commitment starts with senior leadership and permeates the entire organization,” said DiversityInc CEO Luke Visconti. “This year, Cox launched multi-cultural and segment-based employee resource groups and continues to improve its talent development and supplier diversity initiatives.”
DiversityInc Top 50 companies have significantly more diversity than average American corporations. Compared with EEOC statistics, Top 50 companies have 20% more Blacks, Latinos, and Asians in management, and 13% more women. In the Top 10 the contrast is even sharper, with 41% more Blacks, Latinos, and Asians, and 46% more women than US corporate average. This year, for the first time, the National Organization on Disability tracker was required for the Top 10 Disabilities list.
CNBC covered the DiversityInc Top 50 event and provided the stock market econometric evaluation. “The Top 50 list outperformed the market on a short and long-term basis – which has been the case over the past several years. This shows evidence of the link between excellence in diversity management and superior corporate governance,” said Visconti.
Any company with over 1,000 U.S.-based employees is eligible to enter, and there is no cost to compete. Each company’s rank is based on objective analysis of 183 separate factors, based on data from a 300-question survey. The four equally weighted areas of measurement include Talent Pipeline, Equitable Talent Development, CEO/Leadership Commitment, and Supplier Diversity.
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 2015 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.
About Cox Communications
Cox Communications is a broadband communications and entertainment company, providing advanced digital video, Internet, telephone and home security and automation services over its own nationwide IP network. The third-largest U.S. cable TV company, Cox serves approximately 6 million residences and businesses. Cox Business is a facilities-based provider of voice, video and data solutions for commercial customers, and Cox Media is a full-service provider of national and local cable spot and digital media advertising. Cox is known for its pioneering efforts in cable telephone and commercial services, industry-leading customer care and its outstanding workplaces. For eight years, Cox has been recognized as the top operator for women by Women in Cable Telecommunications; Cox has ranked among DiversityInc’s Top 50 Companies for Diversity ten times, including the last nine years. More information about Cox Communications, a wholly owned subsidiary of Cox Enterprises, is available at www.cox.com and www.coxmedia.com.