Advancing Supplier and Governing Board Diversity
|
|
Deadline for submissions is the 15th of every month.
|
|
June 2019 Newsletter Preview
|
I. What’s New:
·
National LGBT Pride Month
·
Legislative Update
II
.
In the Community:
·
Highlight: Public Service Recognition Week
III. Spotlight on Diversity:
·
Supplier Diversity: Human Rights Campaign Foundation’s 2019 Corporate Equality Index
·
NGLCC & NBIC: Best-of-the-Best List
·
Governing Board Diversity: Quorum Out Leadership’s LGBT+ Board Diversity Guidelines
IV. Announcements:
·
Inner City Capital Connections – Apply Today
·
3rd Quarterly Task Force Meeting
–
Save the Date
·
8
th
Annual Insurance Diversity Summit
·
Share your Success Story!
V. Diversity Events Calendar – June/July
|
|
NATIONAL LGBT PRIDE MONTH
|
To commemorate 50 years since the Stonewall Riots, and for the first time under state statute, California has proclaimed June 2019 its first annual statewide “LGBT Pride Month.” At a press conference held on June 4, 2019, California State Senator Scott Wiener (D-San Francisco) and California State Assemblymember Todd Gloria (D-San Diego), chair and vice chair of the California Legislative LGBTQ Caucus, joined LGBTQ state leaders, including Commissioner Ricado Lara, to officially kick-off “LGBT Pride Month” in the State of California.
June holds historic significance for the LGBT community. In 1969, the Stonewall Riots occurred in New York City as a protest to the police department’s unfair targeting the LGBT community. The Stonewall Riots led to political organizing that is considered to be the beginning of the modern LGBT civil rights movement. The following year, the first LGBT Pride Parade was held in New York City on the anniversary of the Stonewall Riots.
History of LGBT Pride Month
Lesbian, Gay, Bisexual and Transgender Pride Month (LGBT Pride Month) is currently celebrated each year in the month of June to honor the 1969 Stonewall uprising in Greenwich Village. The Stonewall uprising was a tipping point for the Gay Liberation Movement in the United States. In the United States the last Sunday in June was initially celebrated as “Gay Pride Day,” but the actual day was flexible. In major cities across the nation the “day” soon grew to encompass a month-long series of events. Today, celebrations include pride parades, picnics, parties, workshops, symposia and concerts, and LGBT Pride Month events attract millions of participants around the world. Memorials are held during this month for those members of the community who have been lost to hate crimes or HIV/AIDS. The purpose of the commemorative month is to recognize the impact that lesbian, gay, bisexual and transgender individuals have had on history locally, nationally, and internationally.
In 1994, a coalition of education-based organizations in the United States designated October as LGBT History Month. In 1995, a resolution passed by the General Assembly of the National Education Association included LGBT History Month within a list of commemorative months.
LGBT History Month is also celebrated with annual month-long observances of lesbian, gay, bisexual and transgender history, along with the history of the gay rights and related civil rights movements. National Coming Out Day (October 11), as well as the first “March on Washington” in 1979, are commemorated in the LGBT community during LGBT History Month.
|
|
SB 534 Legislative Update
|
|
We are excited to announce that Senate Bill (SB) 534(Bradford) that is sponsored by Commissioner Ricardo Lara has officially passed out of the Senate – its house of origin - with 32 ayes; 01 nay; and zero abstentions on May 29, 2019!
Within the coming weeks, we will be continuing with our outreach campaign by sending out a request & templates for letters of support in anticipation for SB 534’s upcoming hearings in the Assembly Insurance & Judiciary Committees (dates TBD). If you would like to be among the first to be notified, please contact us at
Diversity@insurance.ca.gov
.
THANK YOU for your commitment to our mission and to the success of SB 534.
THANK YOU FOR YOUR SUPPORT!
|
|
Honoring Our Public Servants and
Connecting Citizens with Their Government
|
|
(Left to Right) Nathan Fesler, Research Analyst – CDI Insurance Diversity Initiative;
Chandara K. Phanachone, Director – CDI Insurance Diversity Initiative;
Rebecca Ball, Coordinator – CDI Insurance Diversity Initiative
|
|
Since 1985, the first full week of May has been dedicated as Public Service Recognition Week (PSRW) to honor the men and women who serve our nation as federal, state, county, and local government employees. The California Department of Insurance joined in this national celebration as well. We would like to express our gratitude to all of the government employees who continue to serve their fellow citizens on a daily basis.
We love working with and for our stakeholders!
|
|
SUPPLIER DIVERSITY SPOTLIGHT
|
|
Rating Companies on Workplace Commitment to LGBTQ Equality
Human Rights Campaign Foundation’s 2019 Corporate Equality Index is the national benchmarking tool on corporate policies and practices pertinent to lesbian, gay, bisexual, transgender and queer employees.
In the 2019 CEI report, 571 major businesses — spanning nearly every industry and geography — earned a top score of 100 percent and the distinction of “Best Places to Work for LGBTQ Equality.”
Read the full report
here
.
###
About the Human Rights Campaign Foundation
The
Human Rights Campaign Foundation
improves the lives of lesbian, gay, bisexual, transgender and queer (LGBTQ) people by working to increase understanding and encourage the adoption of LGBTQ-inclusive policies and practices.
|
|
2019 “Best-of-the-Best” Corporations for Inclusion and Gala Honorees Named by NGLCC and Partners in the National Business Inclusion Consortium (NBIC)
Press Release
(Originally Published March 18, 2019)
|
|
Washington, DC – The National LGBT Chamber of Commerce (NGLCC), the business voice of the LGBT community, in collaboration with its partners in the National Business Inclusion Consortium (NBIC), has named the fourth annual cohort of Best-of-the-Best list of corporations in America committed to diversity and inclusion across all communities. The presentation of those honored with the Best-of-the-Best designation will be made at the fourth annual Best-of-the-Best Awards Gala held on April 10, 2019, at the historic Washington Hilton in Washington, DC. Bank of America, a Best-of-the-Best corporation, returned for the fourth consecutive year as the evening’s presenting sponsor.
“The Best-of-the-Best designation honors corporations for their commitment to America’s diverse employees and business owners, which includes LGBT people, people of color, women, and people with disabilities,” said NGLCC Co-Founder and President Justin Nelson. “This designation is highly competitive and is bestowed only to corporations that we see constantly striving to strengthen and celebrate diversity. These corporations being honored are true leaders in ongoing global commitments to create a better future for all diverse communities in business.”
Special honorees at the 2019 Best-of-the-Best gala, recognized for their visibility and leadership on issues facing diverse communities, will include: Representative Nydia Velazquez, Chair of House Small Business Committee; U.S. Senator Amy Klobuchar; Grammy nominated performer and advocate Deborah Cox; and Schuyler Bailar, the first openly transgender NCAA Division I swimmer. Additional honorees and special guests will be announced in the coming weeks. Washington Post columnist & MSNBC contributor Jonathan Capehart will return as Master of Ceremonies.
NGLCC formed the
National Business Inclusion Consortium in 2011, and its members represent a total of over $9 trillion in annual economic strength along with significant contributions to the marketplace and workplace. Only companies achieving industry-leading results across all diverse segments are eligible to receive the prestigious Best-of-the-Best designation from the NBIC, whose members include the National LGBT Chamber of Commerce (NGLCC); U.S. Black Chambers, Inc. (USBC); Disability: IN (formerly USBLN); U.S. Hispanic Chamber of Commerce (USHCC); U.S. Pan Asian American Chamber of Commerce (USPAAC); Women’s Business Enterprise National Council (WBENC); and WEConnect International.
The 2019 Best-of-the-Best Corporations for Inclusion are:
•Accenture
•ADP, LLC
•Altria Group Inc.
•American Airlines, Inc.
•AT&T
•Bank of America
•Bristol-Myers Squibb
•Capital One
•Chevron
•Corning Incorporated
•Cummins Inc.
•Dupont
•Ernst & Young, LLP
•FedEx
•First Data
•Food Lion
•General Mills, Inc.
•General Motors
•GlaxoSmithKline
•Health Care Service Corporation
•Hewlett Packard Enterprise
•Hilton Worldwide
•IBM
•Johnson & Johnson
•JPMorgan Chase & Co.
•Kellogg Company
•KPMG LLP
•Marriott International
•Merck
•Nationwide
•New York Life
•Northrop Grumman
•Northwell Health
•Pacific Gas and Electric
•Pfizer Inc.
•PNC Financial Services
•Sodexo
•Sony Pictures Entertainment
•Southern California Edison
•SunTrust Banks, Inc.
•Target Corporation
•TD Bank
•The Walt Disney Company
•TIAA
•Toyota Motor North America
•U.S. Bank
•United Airlines
•UPS
•Wells Fargo
•Wyndham Destinations
“Demonstrating commitment to diversity is not only the right thing to do, but it’s also the smartest thing to do for businesses large and small,” says NGLCC Co-Founder and CEO Chance Mitchell. “The select group of Fortune 500 companies honored with a Best-of-the-Best designation are innovators and trailblazers for inclusion and are constantly raising the bar forward for themselves, their peers, and their competitors. While we pause to honor some extraordinary leaders at the Best-of-the-Best gala, the great work of ensuring opportunity for all us is a year-round commitment. We look forward to working with all of these great companies for decades to come in shaping a more inclusive economy for all.”
|
|
GOVERNING BOARD DIVERSITY SPOTLIGHT
|
|
Quorum, Out Leadership’s initiative to increase LGBT+ representation on corporate boards, has created
Board Diversity Guidelines
with recommendations for companies on how to amend their corporate governance language to include LGBT+ diversity, including guiding language for including sexual orientation in nomination guidelines, examples of company best practices, and the business case for LGBT+ inclusion on corporate boards.
# # #
About Out Leadership
Out Leadership is a global LGBT+ business advisory company that partners with the world’s most influential firms to build business opportunity, cultivate talent, and drive equality forward. Including LGBT+ people at all levels powerfully benefits bottom lines. Out Leadership helps companies realize their Return on Equality™.
|
|
CALL FOR APPLICATIONS & NOMINATIONS: INNER CITY CAPITAL CONNECTIONS
I
nner City Capital Connections (ICCC)
is a tuition-free executive education program that provides small- and medium-sized businesses in economically-distressed areas with three critical elements for sustainable growth:
·
capacity-building education
·
coaching
·
connections to capital and capital providers.
In addition to executive education led by top-tier professors from leading institutions, selected participants go through intensive coaching sessions and have the opportunity to connect with capital providers from an exclusive portfolio made available through ICIC’s partners. The culminating event is the national conference, where program participants put learning into practice and can market and pitch their businesses.
Since 2005, ICCC has helped over 2,200 businesses average
160% revenue growth
,
create 19,907 jobs
, and raise
$1.92 billion in capital
, and you can read more about their impact in their
2018 Impact Report
.
If you have any questions, please reach out directly to Nadia Larasati,
Senior Program Coordinator,
at
nlarasati@icic.org
or 617-238-3034.
|
|
3rd Quarterly Insurance Diversity Task Force Meeting*
*Quarterly Task Force meetings are open to the public
SAVE THE DATE:
DATE: Thursday, September 12, 2019
TIME: 10:00 AM - 12:00 PM (PST)
|
|
|
|
SAVE THE DATE:
8th Annual
Insurance Diversity Summit
Mission Bay Conference Center
San Francisco, CA
~
November 15, 2019
Registration Opens Summer 2019
|
|
 |
Do You Have an Insurance Supplier Diversity Success Story?
We Want to Hear from You!
|
Do you have NEW or RENEWED Business Relationship/Networking opportunity that has created opportunities for your business within the Insurance Industry?
Do you have NEW or RENEWED Procurement or Contract Opportunity(ies) within the Insurance Industry?
If you said, "Yes," to any of these questions - We Want to Hear from You!
Take 1-2 minutes to share your success story with us. Each step you take towards securing any insurer business for your company is a measure of your success, and we would love to hear about it! Visit
Diversity Success Story Survey
or contact us directly at
diversity@insurance.ca.gov
.
|
|
|
|
DIVERSITY EVENTS CALENDAR:
June/July 2019
|
|
JUNE
June 10-11, 2019
Sacramento, CA
Hosted by: Women’s Business Enterprise National Council (WBENC)
June 25 – June 27, 2019
Baltimore, MD
|
|
JULY
Hosted by: Leadership Education for Asian Pacifics (LEAP)
July 18, 2019
Los Angeles, CA
Hosted by: Pacific Southwest Minority Supplier Development Council (PSWMSDC)
July 26, 2019
San Diego, CA
|
|
To submit a request to add your Supplier Diversity or Governing Board Diversity-related event, please contact us at:
diversity@insurance.ca.gov.
|
|
# # #
The Insurance Diversity Initiative was established in 2011 to address diversity issues within California's $310 billion insurance industry. Specifically, these efforts are meant to increase procurement from California’s diverse suppliers, as well as to increase diversity amongst insurer governing boards. To accomplish these goals, the Department conducts outreach, creates partnerships, hosts events, and most importantly, administers surveys to collect and publicly disseminate information about the state of diversity in the insurance industry.
|
|
INSURANCE DIVERSITY INITIATIVE
Office of Insurance Commissioner Ricardo Lara
California Department of Insurance
(916) 492-3623
|
|
|
|
|
|
|
