Corporate Inclusion Index
The Hispanic Association on Corporate Responsibility (HACR) is pleased to announce that the survey submission window for the 2015 HACR Corporate Inclusion Index (HACR CII) is now open.
Why participate? Today, 50 million Hispanics in the U.S. wield a buying power in excess of $1.3 trillion and represent an increasingly important consumer segment. Companies who participate in the HACR CII recognize that inclusion is a strategic business imperative and leverage the survey findings to ensure their business objectives are on track to meet the expected demands of a changing economy. Research on Hispanic inclusion in Corporate America serves as the driving force behind many of our initiatives.
The annual HACR CII is the primary source of information which is used to evaluate inclusion strategies of Fortune 100 and HACR Corporate Members. The 2015 HACR CII report will highlight the commitment that companies are making to Hispanic inclusion and will be released during the 4th Quarter of 2015.
The deadline for participation is July 10, 2015. If you would like to participate in the 2015 HACR CII survey please contact Dr. Lisette Garcia, senior director of the HACR Research Institute, directly at (202) 682-4012 or via email at email@example.com. Dr. Garcia will be able to discuss the next steps with you.
The Hispanic Association on Corporate Responsibility (HACR), one of the nation’s leading Hispanic advocacy organizations, released today the results of its 2014 HACR Corporate Inclusion Index (HACR CII).
The HACR CII is a component of HACR’s Corporate Accountability Strategy and measures Hispanic inclusion at Fortune 100 companies and HACR Corporate Member companies. The results of the 2014 HACR CII indicate more than 25 percent of this year’s returning participants have improved their rating from 2013, which reflects a commitment to diversity and Hispanic inclusion.
Since 2009, the HACR CII has tracked trends in Corporate America in four areas: Employment, Procurement, Philanthropy, and Governance. HACR focuses on these four areas of corporate social responsibility and market reciprocity to measure the inclusion of Hispanics in Corporate America. HACR’s mission is to advance inclusion to a level commensurate with the economic contributions of Hispanics in the United States, currently the nation’s fastest growing consumer segment.
Key highlights from this survey include:
• Hispanics comprise an average of nearly 14% of the total reported employee base in Corporate America.
• Hispanics are still more likely to be found in non-exempt positions within Corporate America.
• On average, participants reported directing slightly more than 1% of total procurement spend to Hispanic-owned businesses.
• Average total charitable contributions made by participants in 2014 equaled $81,634,125 while average total contributions to Hispanic-led and community organizations amounted to only $5,195,119.
• Hispanics held just over 6% of board seats amongst the participating companies, which is higher than the average within the Fortune 500, but is still considered low.
To view the 2014 HACR CII, please click here.
The Hispanic Association on Corporate Responsibility (HACR) announced the findings today from its 2013 Corporate Inclusion Index (HACR CII). The number of participants for the 2013 HACR CII has increased for the fifth consecutive year and the publication highlights recurring trends since 2009 in the areas representing the organization’s four pillars of Employment, Procurement, Philanthropy, and Governance.
Key findings include:
• 39 percent of Fortune 100 companies participated in this year’s survey, which included four out of the top 10 Fortune companies.
• Hispanics comprise an average of more than 13 percent of the total reported employee base in Corporate America.
• On average, participants reported directing nearly two percent of total procurement spend to Hispanic-owned businesses.
• Average annual charitable contributions to the Hispanic community and Hispanic organizations for the 2013 HACR CII participants totaled nearly 10 percent.
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. “On behalf of HACR’s Board of Directors, we congratulate all of the participants of this year’s HACR CII. Increased participation and greater transparency have enabled HACR to better assess how Hispanics are faring along our four pillars,” said Dr. Lisette M. Garcia, director, HACR Research Institute. “Though there is still much work to be done, the significance of the trends we have seen show us that the strength of the Hispanic consumer continues to grow and Corporate America must recognize that the Hispanic population is the key to renewing an aging labor force and essential to preserving market position."
To view the 2013 HACR CII, please click here.
The Hispanic Association on Corporate Responsibility (HACR) released findings from its 2012 Corporate Inclusion Index (CII) survey and, for the fourth year in a row, more companies participated with 55 companies in total.
The HACR CII, a component of HACR's Corporate Accountability Strategy, takes a comprehensive measurement of Hispanic inclusion at Fortune 100 and HACR corporate member companies by focusing on HACR's four pillars of corporate social responsibility and market reciprocity: Employment, Procurement, Philanthropy, and Governance.
Overall, the 2010 U.S. Census reported Hispanics as the largest minority group in the U.S. with over 50 million consumers. With $1.3 trillion in buying power, U.S. Hispanic consumers comprise the 14th largest economy in the world.
As a result, 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.
This newfound participation and commitment to the Hispanic community has led to one conclusion: Hispanics are The Deciding Factor.
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.