LAS VEGAS, Jan. 10, 2019 /PRNewswire/ — BLACK ENTERPRISE (BE) magazine has named MGM Resorts International (NYSE: MGM) one of the “Best Companies for Diversity” in the U.S. based on MGM Resorts’ diversity and inclusion practices.
The 50 companies featured in the publication’s special report demonstrate a commitment to diversity in one or more of four key areas, including: Board of Directors mix, employee diversity, senior management mix and supplier diversity.
“We are incredibly honored to achieve this recognition from BLACK ENTERPRISE. As a responsible corporation we strive daily to embed diversity and inclusion into the core of our company’s culture and operations for the empowerment it brings to our employees and the strength it brings to our business,” said Phyllis A. James, Chief Diversity and Corporate Responsibility Officer for MGM Resorts International. ”We salute BLACK ENTERPRISE for this effort that continues to send a strong message of the moral imperative, business necessity and transformational value of diversity and inclusion in America.”
In compiling this year’s list, the BE research team sent surveys to more than 1,000 of the largest publicly traded companies and global companies with significant U.S. operations. Companies were also chosen based on programs created to nurture and maintain a diverse professional space. Surveys did not simply focus on black inclusion, but ethnic minority groups as defined by the U.S. Census Bureau. The complete report, including methodology and selection criteria, is available in the November/December 2018 issue of BE.
In 2000, MGM Resorts pioneered the gaming industry’s first voluntary Diversity and Inclusion initiative. That year the Company installed a policy requiring minority business enterprise (“MBE”) participation in all construction bids, followed in 2003 by a policy mandating MBE participation in all biddable commodity procurement contracts and purchases exceeding $1,000.