The Hershey Company Ranks No.1 on Fair360's 2024 Top 50 Companies List

Rhea-AI Summary

The Hershey Company (NYSE: HSY) has achieved the number one spot on Fair360's 2024 Top 50 Companies list, unveiled at The Glasshouse in New York City. This list highlights companies excelling in fairness, diversity, and inclusion within their talent strategies and workplace practices. Hershey was particularly recognized for its Pathways framework, a 5-year plan to foster belonging in the workplace and community. The survey, involving 160 employers with 7.3 million U.S. employees, evaluated leadership accountability, human capital diversity, talent programs, workplace practices, supplier diversity, and philanthropy. The Hershey Company's commitment to these areas underscores its priority on inclusive programs supporting career advancement and development for all employees.

Positive

• The Hershey Company ranks No.1 on Fair360's 2024 Top 50 Companies list.
• Recognition for Pathways framework, a 5-year plan to promote workplace belonging.
• Hershey's commitment to diversity, equity, and inclusion (DEI) highlighted.
• Participation of 160 employers, impacting 7.3 million U.S. employees, validates the survey's credibility.
• Hershey's inclusive programs support career advancement and development.

Negative

• None.

NEW YORK, May 14, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) took the number one spot on the 2024 Fair360 Top 50 Companies list, which was announced live at The Glasshouse in New York City last night. Rounding out this year's Top 10 companies are Medtronic, Dow, Toyota North America, KPMG, Humana, The Cigna Group, Moody's, The Boeing Company, Cox Communications. To view the entire Top 50 and other specialty lists, visit http://www.fair360.com/top50.

The Fair360, formerly DiversityInc, Top 50 survey has been the external validator for large U.S. employers that model fairness in their talent strategies, workplace and supplier diversity practices and philanthropic engagement since 2001. This year, 160 employers, with roughly 7.3 million U.S. employees, submitted data and metrics on leadership accountability, human capital diversity, talent programs, workplace practices, supplier diversity and philanthropy. Top performers earned a spot on one of the following lists:   

Hall of Fame Consortium | Top 50 Companies | Top Hospitals and Health Systems | Top Utilities | Top Regional Companies | Noteworthy Companies

"I'm delighted to recognize The Hershey Company and all Top 50 companies for their ongoing commitment to workplace fairness," said Luke Visconti, Founder and Chairman of Fair360. "The data shows that over the long-term, companies that consistently put their employees first and have strong track records of respecting and embracing diversity, equity and inclusion, are stronger performers and better equipped to adapt to market conditions."

Ranking in the top spot, The Hershey Company's dedication to promoting belonging for all is evident through its actions. In particular, the company was recognized for its Pathways framework, a 5-year plan to promote belonging in its workplace and communities. Hershey prioritizes growing inclusive programs that support career advancement and development for all.

Highlights of the Top 50 event, which focused on "Bridging DEI & Strategic Business," included remarks from executives at BASF, EY, Gunster, The Hershey Company, Medtronic, New Jersey City University, TD Bank, Wells Fargo and Wyndham Hotels & Resorts. Charles Duhigg, author of Supercommunicators, spoke about unlocking the secret language of connection.

About Fair360: Fair360, formerly known as DiversityInc, leverages comparative human capital data to help organizations develop fair and inclusive workplaces utilizing benchmarking and best practices. Its mission is to provide committed leaders with insights to drive an effective workforce planning strategy, ensuring equity for all employees. Fair360 is a VA-certified and veteran-owned business. It is certified by Disability:IN as a company owned by a person with a disability. For more information, visit the Fair360 website, X (formerly known as Twitter), Facebook and LinkedIn.

For more information about the overall model with a Cronbach Alpha Reliability score of .93, visit http://www.fair360.com/Methodology.

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SOURCE The Hershey Company

FAQ

What recent award did The Hershey Company (HSY) receive?

The Hershey Company was ranked No.1 on Fair360's 2024 Top 50 Companies list.

Why was The Hershey Company (HSY) recognized on Fair360's 2024 Top 50 Companies list?

Hershey was recognized for its Pathways framework, a 5-year plan to enhance belonging in the workplace and community.

When was The Hershey Company (HSY) announced as the top company on Fair360's 2024 Top 50 list?

The announcement was made on May 14, 2024, at The Glasshouse in New York City.

How many employers participated in the Fair360 2024 survey?

A total of 160 employers, representing 7.3 million U.S. employees, participated in the survey.

What criteria were used in Fair360's 2024 Top 50 Companies list?

The criteria included leadership accountability, human capital diversity, talent programs, workplace practices, supplier diversity, and philanthropy.