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Friday, April 24, 2015

Allstate Ranks No. 33 on the 2015 DiversityInc Top 50 Companies for Diversity

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On April 23, DiversityInc announced Allstate Insurance placed No. 33 on its 2015 Top 50 Companies for Diversity ranking. This year’s ranking is up four spots from 2014 and marks the 10th year Allstate has been recognized by DiversityInc for efforts to manage and grow diversity in its business.

“We place an intentional focus on inclusive diversity in our business practices, with our employees and throughout our supplier network,” said Michael Escobar, vice president, chief diversity & organization effectiveness officer for Allstate. “We’re creating a culture that values differences, seeks out and leverages diverse viewpoints and helps us connect with our customers and each other.”

DiversityInc Top 50 companies have significantly more diversity than average American corporations. Compared with EEOC statistics, Top 50 companies have 20% more Blacks, Latinos, and Asians in management, and 13% more women. In the Top 10 the contrast is even sharper, with 41% more Blacks, Latinos, and Asians, and 46% more women than US corporate average. This year, for the first time, the National Organization on Disability tracker was required for the Top 10 Disabilities list.

“With more than 1,000 companies participating, the competition for a spot on the DiversityInc Top 50 and Specialty Lists was up over 30% this year,” said DiversityInc Founder and CEO Luke Visconti. “Companies are recognizing the importance of diversity for corporate reputation - which directly affects millennial-generation recruiting and retention. And whether you’re talking about Silicon Valley, Ferguson, or Indiana, there’s no denying that stories about how far we still need to come regarding diversity have been dominating the headlines in 2015.”

Any company with over 1,000 U.S.-based employees is eligible to enter, and there is no cost to compete. Each company’s rank is based on objective analysis of 183 separate factors, based on data from a 300-question survey. The four equally weighted areas of measurement include Talent Pipeline, Equitable Talent Development, CEO/Leadership Commitment, and Supplier Diversity.

For the entire Top 50 list, visit http://ift.tt/1faXmlB or follow the conversation online with the hashtag #DITop50

About DiversityInc
DiversityInc’s mission is to bring education and clarity to the business benefits of diversity. The DiversityInc Top 50 Companies for Diversity list began in 2001, at the same time many corporations were beginning to understand the business value of diversity-management initiatives. The 2015 Top 50 Companies for Diversity results are featured on DiversityInc.com and in DiversityInc magazine. For more information, log on to www.diversityinc.com, http://ift.tt/1fuCYH0, http://ift.tt/1faXmlD or http://ift.tt/1ikuHMo.

About Allstate
The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer, protecting approximately 16 million households from life’s uncertainties through auto, home, life and other insurance offered through its Allstate, Esurance, Encompass and Answer Financial brand names. Allstate is widely known through the slogan “You’re In Good Hands With Allstate®.” The Allstate brand’s network of small businesses offers auto, home, life and retirement products and services to customers in the United States and Canada. In 2014, The Allstate Foundation, Allstate, its employees and agency owners gave $34 million to support local communities. Allstate employees and agency owners donated 200,000 hours of service across the country.

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Contact:

Chris Bauer
(847) 402-5600
On Twitter @AllstateNews



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