05.15.23
Forbes recently partnered with market research firm Statista to create their sixth annual list of America’s Best Employers for Diversity—and several beauty companies made the list.
Respondents belonging to underrepresented groups were also asked to recommend businesses other than their own. In addition, each company’s diversity-related best practices—such as the presence of employee resource groups, the publication of diversity data and the percentage of women in board and executive roles—were reviewed and incorporated into the rankings.
“But we all know that what DEI is trying to achieve involves uprooting deeply entrenched societal systems, operational systems and behaviors—and that takes time,” McCoy says. “That’s why strategies must be long-term. It’s also why their funding needs to be protected.”
The 500 companies that made the list of America’s Best Employers for Diversity 2023 continue to invest time and money into these long-term goals.
Beauty companies that ranked in the top 100 on Forbes’ list include:
12. Procter & Gamble
30. Ulta Beauty
32. Johnson & Johnson
39. LUSH Fresh Handmade Cosmetics
42. Colgate Palmolive
47. The Estée Lauder Companies
See Forbes' full list.
How the Rankings Were Determined
To determine the rankings, Statista surveyed more than 45,000 Americans working for businesses with at least 1,000 employees. Participants were asked to anonymously rate their organizations based on criteria such as age, gender, ethnicity, disability and LGBTQ+ equality, as well as general diversity.Respondents belonging to underrepresented groups were also asked to recommend businesses other than their own. In addition, each company’s diversity-related best practices—such as the presence of employee resource groups, the publication of diversity data and the percentage of women in board and executive roles—were reviewed and incorporated into the rankings.
Who Made the Cut
“Now that we’re approaching the three-year anniversary of George Floyd’s death (and the deaths of many others in similar circumstances) at the same time that we’re experiencing economic and geopolitical uncertainty, we’re seeing some organizations pulling back and considering cutting budgets for their DEI teams,” explains Monica McCoy, CEO and founder of Monica Motivates, a global consultancy that helps companies develop overlooked talent, among other objectives.“But we all know that what DEI is trying to achieve involves uprooting deeply entrenched societal systems, operational systems and behaviors—and that takes time,” McCoy says. “That’s why strategies must be long-term. It’s also why their funding needs to be protected.”
The 500 companies that made the list of America’s Best Employers for Diversity 2023 continue to invest time and money into these long-term goals.
Beauty companies that ranked in the top 100 on Forbes’ list include:
12. Procter & Gamble
30. Ulta Beauty
32. Johnson & Johnson
39. LUSH Fresh Handmade Cosmetics
42. Colgate Palmolive
47. The Estée Lauder Companies
See Forbes' full list.
