MIDLAND, Mich. – Dow has recently been awarded 5-Stars in the areas of Employment and Governance in the 2022 Hispanic Association on Corporate Responsibility (HACR) Corporate Inclusion Index™.
The HACR Corporate Inclusion Index™ (CII), is a research initiative that measures Hispanic inclusion in the C-suite, corporate boardroom, supplier base, mid- and entry-level employee pipeline, and philanthropic sphere. HACR has been conducting the research annually for over a decade to benchmark Hispanic diversity and inclusion at participating companies in corporate America.
The HACR CII ratings are designed around two focus areas – a practices assessment and an outcomes assessment and include the following four focus areas: Employment, Procurement, Philanthropy, and Governance.
For each of the four pillars there are 5 total possible stars based on a composite assessment of practices and outcomes. Dow scored the highest rating in two of the focus areas, Employment and Governance, in both the practices assessment and the outcomes assessment.
“It is an honor to be awarded 5-Stars in multiple categories” said Mauro Gregorio, president of Performance Materials & Coatings at Dow and executive sponsor of Dow’s Hispanic and Latin Network (HLN) employee resource group. “At Dow we remain committed to advancing, recruiting, and celebrating Hispanic talent consistently. This enables us to tap into the power of diversity which fuels the innovative solutions that sets Dow apart.”
Dow joined HACR in 2021 further enhance the representation, development, and advancement of Hispanic and Latin talent within the Company. This initiative was aligned to the HLN’s mission to recruit, develop, retain, and sponsor talent at Dow.
“On behalf of HACR’s board of directors, we applaud Dow for taking our survey as a way to measure their Hispanic inclusion,” said Cid Wilson, President and CEO of HACR. “By investing in Hispanic representation, businesses like Dow are providing long-term shareholder value by building a more inclusive future for their employees, suppliers, customers.”
Dow has a long history of working with organizations like Great Minds in STEM (GMis) and the Society of Hispanic Professional Engineers (SHPE) that aim at increasing Hispanic and Latin representation in science, technology, engineering and math (STEM). Both organizations offer programs that help support young students to pursue a secondary education in STEM, as well as leadership programs for professionals looking to grow throughout their career. Relationships with organizations like these are usually driven by employees who participate in HLN that have a passion for mentorship and strengthening the talent pipeline coming into Dow across disciplines.
Their efforts over time have led to both internal and external recognition of the employee resource group and Dow as a whole. In 2021 SHPE named HLN ‘Hispanic ERG of the Year’ for their dedication to attaining impactful results that foster inclusion and diversity in the workplace.
These recognitions also align to Dow’s broader commitment to and track record of enabling an open and inclusive workplace for all its colleagues. This year Dow ranked #4 in Fortune Best Workplaces in Manufacturing & Production™. The Company was also named in 2022 to the “PEOPLE Companies that Care” list for the 3rd consecutive year.