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'Diversity
Best Practices' Lauds Xerox for Leadership, Advocacy
 Acknowledging
Xerox Corporation (NYSE: XRX) and its longstanding leadership
as a champion for diversity, Diversity Best Practices
and The Business Women's Network have honored Xerox
chairman and chief executive officer Anne M. Mulcahy
with the 2004 Diversity CEO Leadership Award.
Mulcahy
was one of 10 company CEOs to receive the award last
night at an event in Washington, D.C. According to DBP/BWN,
the Leadership Awards "showcase the nation's progressive
business leaders for embracing diversity in markets,
workforces and communities." Recipients selected
are those who lead the way in workplace diversity; have
demonstrated a vision for the future; and have supported
community, philanthropic and supplier diversity initiatives.
Creating an environment of diversity and inclusion for
Xerox employees, customers and suppliers has been a
core value at Xerox since the 1960s.
"Xerox's
effort to make diversity a business imperative as much
as a social one is not only worthy of recognition, but
is an extraordinary example for other companies to follow,"
said Edie Fraser, president and founder of Diversity
Best Practices and the Business Women's Network. "Xerox
takes advantage of every opportunity to create a business
culture that is progressive and inclusive."
Xerox respects and promotes diversity through many company
policies and practices: for example, supporting six
independent employee "caucus groups," offering
domestic partner benefits and work-life benefits, providing
leadership training and development programs, maintaining
a strong supplier diversity program, and granting scholarship
support to minority students and schools.
Xerox's
diversity record has frequently been recognized by external
organizations over the years. Last year, Diversity Best
Practices named Xerox among the top 10 U.S. companies
in its report, Best of the Best: Corporate Awards for
Diversity and Women 2003-2004. Xerox was also No. 10
in the "Top 50 Companies for Diversity" by
DiversityInc magazine, No. 17 in Fortune magazine's
list of "50 Best Companies for Minorities,"
and among the "top 30 companies for executive women"
according to the National Association for Female Executives.
Diversity Best Practices and The Business Women's Network
are Washington, D.C.-based organizations providing resources,
publications, and benchmarking services for diversity
and women in business.
10/04
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