TD Bank ranked among the 2013 DiversityInc Top 50 Companies for Diversity. The DiversityInc Top 50 includes companies from a wide range of industries whose leadership, procurement practices, communications and training best reflect the reality of the rapidly changing face of America.
“Diversity is not a project; it’s not an initiative – rather, it’s core to who we are at TD Bank,” said Bharat Masrani, President and CEO, TD Bank and Chair of the Diversity Leadership Council, TD Bank Group. “We are creating a culture at TD where every employee feels respected so they can bring their full self to work and achieve their full potential. In addition, we strive to have a workforce that reflects the diverse communities where we do business which will allow us to continue to meet the needs of all of our customers.”
“We are very encouraged to see more companies applying for this distinction and embracing diversity more deeply than ever,” said Luke Visconti, CEO of DiversityInc. “We also note a continued positive correlation between achievement in diversity and overall positive stock performance. Both the 2013 and the 2012 DiversityInc Top 50 lists outperformed the S&P 500 over a five-year basis.”
The full list of winners can be found at www.DiversityInc.com/top50.
The process of determining The DiversityInc Top 50 Companies for Diversity is based completely on empirical data. Participation in the survey is free and companies that do business with DiversityInc receive no preferential treatment. In order to participate, an organization must have at least 1,000 employees and fill out a detailed, 300-question survey, which is divided into four equally weighted areas: CEO Commitment, Human Capital, Corporate and Organizational Communications, and Supplier Diversity. Each company is judged within its own industry and each application is vetted by DiversityInc staff. DiversityInc requires notarized CEO sign-offs on submissions from companies where it has not met with the CEO directly.