New Report Highlights Eaton's Efforts To Become a Model of Inclusion and Diversity in Its Industry
DUBLIN, IRELAND / ACCESSWIRE / November 3, 2022 / As part of its ongoing commitment to becoming a model of inclusion and diversity (I&D) in its industry, intelligent power management company Eaton (NYSE:ETN), released its second annual Global Inclusion and Diversity Transparency report. The report details the progress the company has made in achieving its ambitious 2030 inclusion and diversity (I&D) commitments. They include:
Maintaining or exceeding the current representation of women and U.S. minorities on the board of directors and global leadership team.
Increasing representation of salaried global women to 40%.
Increasing representation of salaried U.S. minorities to 34%.
Achieving an inclusion index score of 80% or higher in our employee engagement survey.
"We've established ambitious 2030 commitments because we know diverse teams drive smarter, more innovative decisions," said Ernest Marshall Jr., executive vice president and chief human resources officer, Eaton. "They spark creativity and challenge our way of thinking, which strengthens our performance."
Highlights from the report include:
More than two-thirds of Eaton's directors are either women or U.S. minorities and 54% of the company's global leadership team is made up of U.S. minorities.
Second Chance hiring practices continue to broaden Eaton's talent pool and improve access to employment and advancement for people with prior criminal convictions.
Global services and allyship programs enhance support for well-being and mental health.
Spending with diverse suppliers, including minority- and disabled-owned businesses, increased year-over-year.
"We are committed to addressing systemic inequity and ensuring an inclusive workplace for all employees," said Monica Jackson, vice president, Global Inclusion and Diversity, Eaton. "This is not a new journey for us. We will continue to be transparent and hold ourselves accountable, recognizing there is more work to do."
To view open global positions at Eaton, click here.
Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we're accelerating the planet's transition to renewable energy, helping to solve the world's most urgent power management challenges, and doing what's best for our stakeholders and all of society.
Founded in 1911, Eaton has been listed on the NYSE for nearly a century. We reported revenues of $19.6 billion in 2021 and serve customers in more than 170 countries. For more information, visit www.eaton.com. Follow us on Twitter and LinkedIn.
+1 (440) 523-4306
View additional multimedia and more ESG storytelling from Eaton on 3blmedia.com.
View source version on accesswire.com: