4 from N.J. rank on DiversityInc’s Top 50 Companies for Diversity list

Four New Jersey-based companies were ranked in DiversityInc’s Top 50 Companies for Diversity list for 2020.

The Princeton-based media company said the list recognize top companies for diversity and inclusion management, focusing on those which have business-based strategies on attracting, developing and retaining talent from all backgrounds and perspectives. The rankings were based on 2019 company-submitted data in six key areas: Leadership accountability, human capital diversity metrics, talent programs, workforce practices, supplier diversity and philanthropy.

“Leaders of DiversityInc Top 50 Companies understand that nurturing an inclusive environment where everyone has a sense of belonging drives profitability and results in a competitive advantage, especially during a recession,” CEO of DiversityInc Carolynn Johnson said.

Here are the four New Jersey companies (with their world-based HQ in New Jersey):

No. 4: ADP, Roseland;
No. 14: BASF, Florham Park;
No. 18: TD Bank, Cherry Hill;
No. 28: Sanofi U.S., Bridgewater.

“At BASF, we recognize that it is only through our full commitment to both diversity and inclusion that we can achieve our safety goals, bring our best ideas to our customers, and deliver progress in innovation, creativity, quality and so much more,” Wayne T. Smith, chairman and CEO, BASF North America, said. “We are equally intentional about building the diversity of our teams and unleashing the full potential and value of those teams through the power of inclusion.”

Camden-based American Water, Franklin Lakes-based Becton Dickinson and Parsippany-based Wyndham Hotels & Resorts were among DiversityInc’s noteworthy companies, which the publication said have the potential to make the Top 50. And Johnson & Johnson in New Brunswick was named one of the Top Companies for LGBT Employees under its specialty lists.

“American Water is committed to providing an environment where our people can work safely, both physically and emotionally, provide the best customer service, and make a difference in the communities we serve,” Melanie Kennedy, senior vice president of human resources, American Water, said. “By working to provide an inclusive and diverse workplace guided by our core values, we enable any of our employees to develop the next big idea, grow our company and create a future of success.”

Other companies in the Top 50 that have a major presence in New Jersey include:

No. 5: Accenture;
No. 7: Comcast;
No. 11: Wells Fargo;
No. 12: KPMG;
No. 14: Target;
No. 18: TD Bank;
No. 24: CVS Health;
No. 32: Walmart Inc.

Companies were honored during the 2020 DiversityInc Top 50 Announcement Event, its first-ever virtual event that had more than 1,350 attendees representing 28 industries and 3 million U.S. employees.