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EEO Project

SIRAN analysts are concerned that management of most U.S. companies fails to reflect the diversity of America and its labor force.  We believe that the negative ramifications of persistent inequalities in the workplace pose risks to society and long term business success.  Given this concern, SIRAN analysts support corporate disclosure of comprehensive Equal Employment Opportunity (EEO) information as a means to help foster progress on hiring, promoting and retaining minority and female employees. 

Currently the government requires companies with more than 100 employees to report workforce diversity data – the EEO-1 report. While data collected on this form are an important reference for analysts to observe a company's progress on dismantling glass ceiling barriers, the report is not currently in the public domain.  Fortunately, many companies are voluntarily making these data public. Please click here for a copy of our Analyst Statement on EEO Disclosure that shares our perspectives on the importance of such reporting.

In June 2005, SIRAN analysts launched a project to benchmark voluntary EEO disclosure by companies in the U.S. S&P100 index.  The results of this SIRAN initiative were published in a report titled A Call to Action, released in December 2005. 

Two years later, SIRAN analysts returned to survey the S&P100 index once more and found a relative drop in overall EEO-1 disclosure. The chart below lists the EEO-1 reporting practice for the fifty-three companies that chose to respond to the follow-up survey. For further details, read A Renewed Call to Action, released in September 2008.

Orange circles indicate positive responses while grey circles indicate negative responses.

		1. Company provides full public EEO-1 disclosure? yes : no : 2. Company provides full EEO-1 disclosure to analysts on request? yes : no : 3. Company provides partial public EEO-1 disclosure? yes : no :

		AEP AMERICAN ELECTRIC POWER no yes no AES AES CORP. (THE) no no no AIG AMERICAN INTERNATIONAL GROUP no no no ALL ALLSTATE CORP no no yes AMGN AMGEN INC no no yes AVP AVON PRODUCTS no no yes AXP AMERICAN EXPRESS yes no no BAX BAXTER INTERNATIONAL INC no no yes BHI BAKER HUGHES INC no yes no BMY BRISTOL-MYERS SQUIBB CO no no yes BNI BURLINGTON NORTHERN SANTA FE no no no C CITIGROUP INC yes no no CI CIGNA CORP no yes no CL COLGATE-PALMOLIVE CO no no no CMCSA COMCAST CORP no no no COF CAPITAL ONE FINANCIAL no no no CPB CAMPBELL SOUP CO no no no CVX CHEVRON no no yes DELL DELL INC no no no DIS WALT DISNEY CO no no no DOW DOW CHEMICAL no no no EXC EXELON CORP no no no FDX FEDEX CORP no no no HD HOME DEPOT INC no no no HNZ HEINZ (H J) CO no no yes HPQ HEWLETT-PACKARD CO yes no no IBM INTL BUSINESS MACHINES CORP yes no no INTC INTEL CORP yes no no JNJ JOHNSON & JOHNSON no no no JPM JPMORGAN CHASE & CO no no yes KO COCA-COLA CO yes no no LEH LEHMAN BROTHERS HOLDINGS INC no no no MCD MCDONALD'S CORP no yes no MMM 3M CO no yes no MRK MERCK & CO yes no no MSFT MICROSOFT CORP no no yes NXTL SPRINT-NEXTEL no no no PEP PEPSICO INC no yes no PFE PFIZER INC no yes no PG PROCTER & GAMBLE CO no yes no RF REGIONS FINANCIAL CORPORATION no no no SLE SARA LEE CORP no no no TGT TARGET no no yes TXN TEXAS INSTRUMENTS INC no no no TYC TYCO INTERNATIONAL LTD no no no UPS UNITED PARCEL SERVICE no no no UTX UNITED TECHNOLOGIES CORP no no no VZ VERIZON COMMUNICATIONS INC no no yes WB WACHOVIA no yes no WFC WELLS FARGO & CO no no no WMT WAL-MART STORES yes no no WY WEYERHAEUSER CO no yes no XOM EXXON MOBIL CORP no yes no

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