The leading insurer ranked as a top company with best minority representation
among senior management and overall employee base.
COLUMBUS, Ga., June 13 /PRNewswire/ -- Today, during a Diversity Symposium
and Awards Luncheon at Rockefeller Plaza in New York, Black Enterprise
magazine once again recognized Aflac's corporate diversity. For the third
consecutive year, the 40 Best Companies for Diversity listing applauded the
Columbus, Ga.-based insurer, naming the company as one of the 15 best in the
world for its impressive leadership in workforce and senior management
minority representation.
"We are excited that Aflac's diversity achievements have been recognized
globally for the past several years," stated Dan Amos, Aflac's chairman and
CEO. "From workforce to top-level management, we ensure that our commitments
to diversity are upheld in all aspects of business."
Over 1,000 of the nation's publicly traded companies and 50 leading global
companies with a large presence in the United States were evaluated on key
components in workforce, management, advertising, and board and vendor
diversity. From these findings, the publication then determined a sub-list
that recognized the top 15 standout companies in each of the categories. Only
three Georgia-based companies, including Coca-Cola and UPS, were named to the
coveted listing.
"In developing this year's list, we wanted to make sure we identified
companies that viewed diversity as a business imperative," says Black
Enterprise Careers and Lifestyle Editor Sonia Alleyne. "In fact, several of
the 40 Best Companies for Diversity excel in all four categories we surveyed,
including Denny's Corp., Fannie Mae, McDonald's Corp. and WGL Holdings Inc. A
varied pool of senior managers and suppliers at these companies, along with
their strengths in developing a diverse workforce and corporate board, will
enable them to be even more competitive on a global scale."
Today, Aflac boasts a minority employee base of 41 percent, with 67
percent of women rounding out the workforce. Nearly 25 percent of management
positions are held by minorities, and last year minorities accounted for 46
percent of the new hire class. The company's vendor management program has
increased spending from $3 million to $34 million in the last four years.
"Diversity efforts throughout the corporation are highly embraced because
of the foundation and emphasis placed on its importance from upper
management," said Brenda Mullins, second vice president and diversity officer
for Aflac Human Resources. "The way we engage in business activities and our
daily lives reflect this positive support."
Earlier this year, Aflac was recognized as a top company in supplier
diversity by Hispanic Trends magazine.
The complete special report on the best companies for diversity, including
methodology and selection criteria, is available in the July 2007 issue of
Black Enterprise, on newsstands June 26.
About Black Enterprise
Black Enterprise magazine is the premier publication for African-American
business owners to seek out the latest information on money management, career
development and business practices.
About Aflac
For more than 50 years, Aflac products have given policyholders the
opportunity to direct cash where it is needed most when a life-interrupting
medical event causes financial challenges. Aflac is the number one provider of
guaranteed-renewable insurance in the United States and the number one
insurance company in terms of individual insurance policies in force in Japan.
Our insurance products provide protection to more than 40 million people
worldwide. Aflac has been included in Fortune magazine's listing of America's
Most Admired Companies for seven consecutive years and in Fortune magazine's
list of the 100 Best Companies to Work For in America for nine consecutive
years. Aflac has also been recognized three times by both Fortune magazine's
listing of the Top 50 Employers for Minorities and Working Mother magazine's
listing of the 100 Best Companies for Working Mothers. Aflac Incorporated is a
Fortune 500 company listed on the New York Stock Exchange under the symbol
AFL. To find out more about Aflac, visit http://www.aflac.com.
Media Contacts:
Yolonda King
Aflac Incorporated
(706) 243-8547 Voice
(706) 320-2288 Fax
yking@aflac.com
Mechell Clark
Aflac Incorporated
(706) 243-8547 Voice
(706) 320-2288 Fax
meclark@aflac.com
SOURCE Aflac