PLANO, Texas (May 14, 2024)— Fair360, formerly DiversityInc, has named Toyota North America* one of its 2024 Top 50 Companies, ranking fourth among the 160 companies participating in the survey. Toyota has maintained its position for the third year in a row and continues to be the only automotive manufacturer ranked in the Top 10.
“Everyone at Toyota plays a role in creating an inclusive culture where people belong and can contribute to their fullest potential,” said Tellis Bethel, chief diversity officer and group vice president of social innovation, Toyota Motor North America.“Representation from a variety of cultural backgrounds unlocks innovation, as well as opportunity for an equitable future. Together, we can create limitless possibilities for all.”
The Fair360 Top 50 survey has been the external validator for large U.S. employers that model fairness in their talent strategies, workplace and supplier diversity practices and philanthropic engagement since 2001.
Fair360 rankings are empirically driven, based on company-submitted data in six key areas: Leadership Accountability, Human Capital Diversity Metrics, Talent Programs, Workforce Practices, Supplier Diversity and Philanthropy.
Toyota also received special recognition in the following areas:
- No. 2 Top Company for Black Executives
- No. 2 Top Company for LGBTQ Employees
- No. 3 Top Company for Philanthropy
- No. 4 Top Company for Environmental, Social & Governance
- No. 5 Top Company for Asian American Executives
- No. 5 Top Company for NAPI
- No. 5 Top Company for Board of Directors
- No. 6 Top Company for Latino Executives
- No. 11 Top Company for Sponsorship
- No. 14 Top Company for Supplier Fairness
- No. 17 Top Company for Mentoring
Toyota team members helped the organization achieve the movement up to #3 for Philanthropy through record levels of community involvement, monetary and in-kind donations. In 2023, nearly 50,000 volunteer hours were logged with 995 organizations across the US by team members. This is an increase of nearly 26% over the year prior for volunteer hours and nearly 13% increase in the number of organizations helped. This highlights the company culture of prioritizing connections within the community where team members live and work.
For more information on Toyota’s Diversity and Inclusion efforts please visitToyotaEffect.com.
*Toyota Motor North America and Toyota Financial Services moved the Plano headquarters, the first time in the same location, in 2017 as part of the OneToyota initiative. The move made for faster decision making and created a better experience for customers and team members. Information from both companies was collected and submitted to Fair360.
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in North America for more than 65 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.
Toyota directly employs more than 63,000 people in North America who have contributed to the design, engineering, and assembly of nearly 47 million cars and trucks at our 12 manufacturing plants. By 2025, Toyota’s 13th plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 28 electrified options.
For more information about Toyota, visit www.ToyotaNewsroom.com.
Social Innovation
To date, Toyota has contributed more than $1 billion to American nonprofit groups. For more information about Toyota’s contributions in the U.S., visit http://www.toyotaeffect.com/impact.
About Fair360
Fair360, formerly known as DiversityInc, leverages comparative human capital data to help organizations develop fair and inclusive workplaces utilizing benchmarking and best practices. Its mission is to provide committed leaders with insights to drive an effective workforce planning strategy, ensuring equity for all employees. Fair360 is a VA-certified and veteran-owned business. It is certified by Disability:IN as a company owned by a person with a disability. For more information, visit the Fair360 website, X (formerly known as Twitter), Facebook and LinkedIn.
For more information about the overall model with a Cronbach Alpha Reliability score of .93, visit www.Fair360.com/Methodology.
FAQs
PLANO, Texas (May 14, 2024) — Fair360, formerly DiversityInc, has named Toyota North America* one of its 2024 Top 50 Companies, ranking fourth among the 160 companies participating in the survey.
Where does Toyota rank in Fortune 500? ›
Company Matches
| Rank | Company Name | Revenues ($b) |
|---|
| 5 | China National Petroleum | 408.6 |
| 6 | BP | 388.3 |
| 7 | State Grid | 298.4 |
| 8 | Toyota Motor | 265.7 |
6 more rowsThe Toyota brand retained its position as 2nd best-selling passenger car brand with sales growth of +8% year-on-year, and Lexus maintained its position as one of Europe fastest growing premium brands as sales continued to surge with growth of +48% year-on-year.
Who is the biggest consumer of Toyota? ›
North America was the Toyota Motor Corporation's largest market in terms of unit sales, partly due to the popularity of its Toyota and Lexus brands in the United States. In 2023, both brands topped the consumer satisfaction ranking in the U.S., while Toyota was also the second best-selling brand in the country.
What is fair 360? ›
Fair360 leverages comparative human capital data to help organizations develop fair and inclusive workplaces using benchmarking and best practices. Our mission is to provide committed leaders with insights to drive an effective workforce planning strategy, ensuring equity for all employees.
Is Toyota number 1 in the world? ›
1 spot in 1st half global sales for 5th year. Toyota Motor Corp. said Tuesday that its group sold 5.16 million vehicles worldwide in the first half of 2024, outselling German rival Volkswagen AG to retain the top spot in global sales for the fifth straight year.
What is the difference between the Fortune 500 and the Global 500? ›
The Fortune 500 is a prestigious list of the top 500 companies in the United States as ranked by revenue. Another ranking, the Fortune Global 500, lists the top 500 companies worldwide. Introduced in 1955, to be listed among the Fortune 500 companies is a mark of stature among the most successful companies.
What is a Fortune 50 company? ›
At the same time, Fortune published companion "Fortune 50" lists of the 50 largest commercial banks (ranked by assets), utilities (ranked by assets), life insurance companies (ranked by assets), retailers (ranked by gross revenues) and transportation companies (ranked by revenues).
What is the difference between Fortune 100 and Fortune 500 companies? ›
The Fortune 100 consists of the top companies in the more significant annual Fortune 500 list. The Fortune 500 has been around since 1955 and ranks companies by reported revenues for their fiscal year. The Fortune 500 changed in 1994 to include a broader range of company types from different sectors.
What is Toyota's top selling car? ›
For over 20 years, the Toyota Camry was the best-selling vehicle in the United States, and the Toyota Corolla has repeatedly been named the best-selling car in the world. These two vehicles deliver a comfortable, reliable, high-tech, and fuel-efficient ride that is ideal for the streets around Tracy Toyota.
Headquarters are in Toyota City, an industrial city east of Nagoya, Japan. In 1933 Toyoda Kiichiro founded what later became the Toyota Motor Corporation as a division of the Toyoda Automatic Loom Works, Ltd.
What is the rank of Toyota? ›
Automotive Industry 2024 Ranking
| 2024 | 2022 | Name |
|---|
| 3 | 1 | Toyota |
| 4 | 6 | Porsche |
| 5 | 5 | BMW |
| 6 | 4 | Volkswagen |
6 more rowsToyota competitors include Chrysler, Honda, Ford Motor Company, Volkswagen and Chevrolet. Toyota ranks 1st in CEO Score on Comparably vs its competitors.
Who owns most of Toyota? ›
Toyota Motor (TM) Ownership Overview
The ownership structure of Toyota Motor (TM) stock is a mix of institutional, retail and individual investors. Approximately 0.08% of the company's stock is owned by Institutional Investors, 0.00% is owned by Insiders and 99.92% is owned by Public Companies and Individual Investors.
Who is the number one Toyota dealer in the US? ›
Longo Toyota serves as the #1 volume Toyota dealership in the U.S.A. since 1967. Spanning over 50 acres in its El Monte campus, Longo is also the largest Toyota dealership in the world. Our promise is to deliver the best possible guest experience at every interaction, every day. We make car shopping easy.
What is Toyota ranked in the automobile industry? ›
Car brand market share worldwide 2023
In 2023, the ranking of the world's largest car brands was topped by Toyota with a market share of around 10.7 percent. The Toyota brand is owned by Japan's Toyota Motor Corporation, the world's largest motor vehicle manufacturer.
What is Toyota's number one selling car? ›
While pickups and SUVs dominate the North American market, the Toyota Camry continues to hold its own, maintaining its position as the most popular passenger car in the U.S. In 2023, Toyota sold 265,244 Camry units, demonstrating its enduring appeal.
What are the levels of Toyota? ›
Acronym Meanings for Toyota Trim Levels
DX: Deluxe. L: Entry-level grade. LE: Luxury Edition. S: Sport.
What is the top model of Toyota? ›
The price of Toyota cars in India starts from ₹ 6.86 Lakh for the Glanza while the most expensive Toyota car in India one is the Land Cruiser 300 with a price of ₹ 2.10 Cr.
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