Fortune 500 companies refer to the list of most prominent companies in the US compiled by Forbes magazine annually. The list of Fortune 500 companies is decided based on their annual revenue for the particular fiscal year.
The top companies in the Fortune 500 in 2022 are Amazon, Walmart, Apple, CVS Health, Exxon Mobil, Berkshire Hathaway, UnitedHealth Group, Alphabet, McKesson, and AmerisourceBergen.
According to an annual diversity report by Purposebrand, 79 Fortune 500 companies have a DEI (diversity, equity, and inclusion) program, meaning 1 out of 6 publish annual DEI reports, marking their progress.
Yes, companies with more diversity are successful because they can see steady economic growth and an increase in market share. According to McKinsey & Company, the most diverse companies outperform their less diverse peers by 36% in profitability.
IBM is one of the best companies fostering diversity in the supply chain.
Companies such as Accenture, Comcast NBCUniversal, EY, Cox Communications, PwC, AT&T, Hilton, Eli Lilly and Co., Cummins, and CVS are among the few companies that are said to have the embracing diversity.