Corporate Alerts

HACR Releases Findings of its 2012 HACR Corporate Inclusion Index

AT&T Leads with a 95 Rating

The Hispanic Association on Corporate Responsibility (HACR) released findings from its 2012 Corporate Inclusion Index (CII) survey today and, for the fourth year in a row, more companies participated with 55 companies in total.

"On behalf of HACR's Board of Directors, congratulations to AT&T for their commitment to Hispanic inclusion, which is reflected in their 95 rating," HACR President & CEO Carlos F. Orta said. "AT&T continues to lead the telecommunications industry, modeling the way for their industry and other corporations."

The HACR CII, a component of HACR's Corporate Accountability Strategy, takes a comprehensive measurement of Hispanic inclusion at Fortune 100 companies and HACR corporate member companies by focusing on HACR's four pillars of corporate social responsibility and market reciprocity: Employment, Procurement, Philanthropy, and Governance.

Key findings from the 2012 HACR CII include:

- The average Hispanic hiring rate remained steady from 2011 to 2012 at 11 percent

- The average attrition rate for Hispanics was 13 percent

- Fifteen percent of survey participants reported less than one percent procurement spend with Hispanic suppliers

- An average annual philanthropic investment of nine percent of total dollars distributed to Hispanic communities

- Twenty-eight companies reported having a Hispanic on their board of directors, with only one company reporting having two Hispanic board members

HACR has seen an increase in the willingness of Corporate America to work with the Hispanic population, evidenced through increased participation since 2009 with 20 additional companies participating in the survey. This year's report also saw eight companies participating for the first time, 26 companies improving their rating from the previous year, and all seven Fortune 100 commercial banking companies participating in the survey.

To read the report, click here. You can also share your questions and comments about the 2012 HACR CII through a more in-depth analysis by following us on Twitter and using the #2012CII hashtag.

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