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Hilton Worldwide Named “Top 25 Companies for Supplier Diversity” by HispanicBusiness Magazine
MCLEAN, Va. - Hilton Worldwide today announced its inclusion by HispanicBusiness Magazine as one of the "Top 25 Companies for Supplier Diversity". HispanicBusiness honored Hilton Worldwide with a spot on its prestigious annual ranking in recognition of the company's outstanding efforts to encourage supplier diversity across its global operations-a portfolio of more than 3,800 hotels in 88 countries. Hilton Worldwide was chosen following an assessment of more than 1,500 companies.
"We are honored to be recognized for our supplier diversity initiatives," said William Kornegay, senior vice president, supply management, Hilton Worldwide. "We are committed to cultivating the economic vitality of communities in which we conduct our business and forging supplier relationships that reflect the cultural diversity of these communities."
Hilton Worldwide actively encourages diverse suppliers who provide quality products at competitive pricing, to participate in our contracting and subcontracting activities. Hilton's commitment is rooted in the belief that by establishing effective business relationships with new and diverse suppliers, we will create a multitude of benefits for our customers, team members and the communities in which we live and work.
Through its supplier diversity program, Hilton Worldwide develops strategic alliances with companies whose culture and values are consistent with ours, focusing on value, quality, service, business stability, and business practices. Hilton Worldwide's Supply Management is committed to the key areas of the diversity principle of social responsibility.
The calculus for determining the HispanicBusiness Supplier Diversity Top 25 involves numerous variables that measure a company's commitment to supplier diversity. To compile the list, HispanicBusiness took data from the 2009 Diversity Elite survey, which was compiled by contacting the top Fortune 1,000 companies, American subsidiaries of Global 500 companies, and large U.S. public and private companies. The final directory lists the top 25 companies, based on a weighted processing of company data.
HispanicBusiness' Top 25 Companies for Supplier Diversity ranking is featured in the March issue of HispanicBusiness and on www.HispanicBusiness.com now. For more information on Hilton Worldwide's supplier diversity program, visit Hilton Worldwide Supplier Diversity.